Wed Nov 5, 2008 7:28am EST
LONDON, Nov 5 (Reuters) – Royal Dutch Shell (RDSa.L: Quote, Profile, Research,Stock Buzz) said on Wednesday it would not be able to meet all Nigerian crude supply obligations in November and December following OPEC’s decision to reduce exports.
The Anglo-Dutch oil major was advised by Nigeria, which is a member of the Organization of the Petroleum Exporting Countries and bound by the group’s output cut decision.
“Following the OPEC decision, NNPC has advised us on November and December exports. Accordingly, force majeure has been declared on off-take schedules for November and December,” a spokesman with Shell said.
“All export programmes have been affected.”
Bonny Light has already been under force majeure indefinitely due to underproduction caused by repeated sabotage attacks to oil pipelines in the oil rich Niger Delta region.
The spokesman did not specify the reduction volume but just referred to Nigeria’s reduction plan.
The Shell spokesman also did not say if the company would cancel cargo loadings.
OPEC decided in October to reduce supply by 1.5 million barrels per day from Nov 1.
State run Nigerian National Petroleum Corp. (NNPC) said last week the West African producer will reduce its own crude oil export volumes by 5 percent in November and December and cancel five November export cargoes .
Trading sources said Exxon Mobil (XOM.N: Quote, Profile, Research,Stock Buzz) had cancelled two Qua Iboe cargoes for November. This was not confirmed by Exxon.
(Reporting by Ikuko Kao)
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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.
