Attacks Limit Shell’s Output Of Nigeria Oil
July 30, 2008; Page B2
LONDON — Royal Dutch Shell PLC said it won’t be able to meet a significant chunk of its Nigerian oil-export obligations with customers for the next two months after militant attacks on its facilities early Monday.
Shell wouldn’t say exactly how much crude oil would be affected but the action will keep global oil markets short of a key source of Nigerian Bonny crude supply — prized by refiners for its low-sulfur quality that makes it relatively easy to refine — and probably keep oil prices supported.
Shell declared force majeure with customers after assessing the damage caused by attacks on the Nembe Creek and Rumuekpe oil pipelines, said Shell spokesman Rainer Winzenried. The force majeure, expected to last until September, legally protects Shell from not meeting contractual obligations because of factors outside its control.
Oil prices, which rose $1.47 Monday in part on the assaults, fell Tuesday. The light, sweet crude contract for September delivery on the New York Mercantile Exchange fell $2.54, or 2%, to settle at $122.19.
Nembe Creek typically operates at about 130,000 barrels a day of capacity and feeds the Bonny oil-export terminal.
Write to Spencer Swartz at [email protected]
http://online.wsj.com/article/SB121733081312993039.html
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: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
