Reuters
Shell soon to join Samsun-Ceyhan pipeline: sources
ISTANBUL (Reuters) – Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) is near signing a deal with Turkish Calik Energy and Italian Eni (ENI.MI: Quote,Profile, Research) to join work on a oil pipeline between the Black and Mediterranean seas, sources close to the deal said on Monday.
The deal would ease financing concerns but more importantly assure supplies for the pipeline, probably from Kazakhstan’s Kashagan field. Construction was started last year without securing the necessary throughput.
“Talks over feasibility are at the final phase. I think an agreement will be signed by the end of June,” said one source.
Indian Oil (IOC.BO: Quote, Profile,Research) announced it had bought a 12.5 percent stake in the pipeline in December 2006, but sources now say the state-run Indian oil company will not be taking part in the project.
The 550-km long (340 miles) pipeline is expected to cost $1.5 billion and will ship an initial 1 million barrels per day to the Turkish port of Ceyhan on the Mediterranean, with plans to raise the capacity to 1.5 million bpd.
The project, which will be carried out by the Trans Anatolian Pipeline Company (Tapco), was envisioned to reduce increasing traffic on the Bosphorus Straits in Istanbul.
Calik and Eni each has 50 percent in Tapco and under the new deal Shell will get “a considerable stake” from them, the source said.
Shell and Eni will also be able to use their shares in Kazakhstan’s Kashagan fields, considered to be the biggest oil find since the 1960s, to fill up a portion of the Samsun-Ceyhan, said a second source.
“The Kashagan project, in which Shell and Eni have a stake, will be able to provide enough oil for the pipeline,” another source said.
Other sources of oil are expected to come from other fields in central Asia and the Caspian region.
Under the latest agreement between the Kazakh government and the consortium of companies working at the Kashagan fields, exports will begin in 2011. But some producers say they may want to delay the schedule, which could incur sanctions form the central Asian country.
A pipeline between Kazakhstan and the Russian Black Sea port of Novorossisk carries 750,000 barrels per day, a part of which Shell may be able to divert to the Turkish project.
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http://uk.reuters.com/article/oilRpt/idUKL2643390220080526?sp=true
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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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