Tue Apr 1, 2008 4:37pm EDT
WASHINGTON, April 1 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research) is ready to help Iraq boost oil production once that country’s government finalizes a petroleum law covering big energy projects, the head of the oil giant said on Tuesday.
“We are very much prepared to go back to Iraq,” Shell chief executive officer Jeroen van der Veer said at the Center for Strategic and International Studies think tank in Washington.
But first, he said, Shell employees must be able to work safely in the country and a petroleum law must be passed.
“You have to know the rules of the game because you have to bring a lot of money to the country (to develop its oil),” he said. “We expect that the petroleum law, we hope that it is finally passed…during this year.”
The law would provide conditions for investment and international participation in Iraq’s oil and gas industry.
Iraq holds the world’s third biggest oil reserves at 115 billion barrels and has some of the cheapest extraction costs, according to the U.S. Energy Department.
Increasing Iraq’s oil production to take advantage of high crude prices is seen as key to rebuilding the country’s economy.
Iraq’s oil output averages almost 2.3 million barrels a day, but with enough investment, the country holds enough crude to double its production, according to some estimates.
(Reporting by Tom Doggett; Editing by David Gregorio)
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http://www.reuters.com/article/marketsNews/idUSN0120137220080401
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
