Shell Says Nigeria Militant Attacks to Hurt Earnings (Update1)
By Alexander Kwiatkowski
Sept. 19 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil company, said an escalation of militant attacks against its oil and gas facilities in Nigeria will hurt earnings.
The latest raids “will ultimately add up to increased equipment downtime, repair and remediation cost and deferred earnings,” Shell spokesman Rainer Winzenried said in an e- mailed statement today.
The Movement for the Emancipation of the Niger Delta, the main militant group in the Niger Delta, stepped up its “oil- war” against foreign companies operating in the region this week. Attacks by armed groups have cut more than 20 percent of Nigeria’s crude exports since 2006.
MEND, as the group is known, claimed at least four attacks on Shell oil pipelines, flowstations and other facilities. Two people were killed in an attack on Shell’s Alakiri flowstation and gas plant on Sept. 15. The Greater Port Harcourt Swamp Line, Orubiri flowstation and Rumuekepe pipeline were also targeted, according to the Shell statement.
Shell’s Nigerian joint venture “is closely monitoring the situation and continues to take all necessary measures to ensure the safety of staff and contractors,” the statement said. The company is “concerned about the resultant damage to oil and gas facilities and possible environmental damage.”
MEND says it’s fighting on behalf of the inhabitants of the Niger Delta, who have yet to share in the oil wealth of the region.
To contact the reporter on this story: Alexander Kwiatkowski in London at[email protected]
Last Updated: September 19, 2008 04:09 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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
