Bolivia Seizes Transredes Gas Pipeline From Shell, Ashmore
By Bill Faries
June 2 (Bloomberg) — Bolivian President Evo Morales issued a decree taking control of Transredes Transporte de Hidrocarburos SA, a natural-gas pipeline partly owned by Europe’s Royal Dutch Shell Plc and Ashmore Energy International.
The move, reported earlier today by the Associated Press, follows a May 1 announcement by Morales that the government would acquire a majority stake in Transredes, according to a statement on the Web site of the official Bolivian news agency, ABI. Morales announced the takeover at a Transredes plant in the eastern city of Santa Cruz, according to the statement.
Morales decided to nationalize the pipeline after owners of Transredes failed to agree to terms on giving the government a majority stake by May 1, the AP reported. Terms of the takeover weren’t disclosed.
According to the Transredes Web site, Shell and Ashmore each owned 25 percent of the pipeline through a joint venture called TR Holdings Ltda. Bolivia’s state-owned Yacimientos Petroliferos Fiscales Bolivianos owned more than 47 percent. Morales is taking control by seizing TR’s stake, the government said in its statement through ABI.
Shell, Europe’s largest oil producer, can’t comment on the takeover until it has a chance to review and assess the action, said Eurwen Thomas, a spokesman in London for the company.
To contact the reporter on this story: Bill Faries in Buenos Aires at[email protected].
Last Updated: June 2, 2008 13:24 EDT
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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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