MOSCOW, Oct 1 (Reuters) – Sakhalin Energy, a group led by Russia’s Gazprom (GAZP.MM: Quote, Profile, Research) and involving Royal Dutch Shell (RDSa.L: Quote, Profile, Research), has secured $1.4 billion of new funding for its Sakhalin-2 liquefied natural gas project, a news agency reported.
The money comes on top of $5.3 billion provided by the Japan Bank for International Cooperation and a consortium of international commercial banks, Interfax quoted Ian Craig, the head of the project, as saying on Thursday.
The new funds will be paid in soon, Craig told the agency.
The LNG project, sited on the Russian Pacific island of the same name, is one of the world’s largest. The Sakhalin consortium also includes Japan’s Mitsui (8031.T: Quote, Profile, Research) and Mitsubishi (8058.T: Quote, Profile, Research).
Gazprom bought control of the $22 billion venture in 2007 after a lengthy dispute, forcing Royal Dutch Shell — the project’s former leader — and its partners to reduce their holdings.
Sakhalin Energy plans to produce 9.6 million tonnes of LNG per year by 2011.
According to the head of Gazprom’s export unit Alexander Medvedev, the energy giant aims to produce up to 17 million tonnes of LNG at Sakhalin-2 and its Shtokman project in the Arctic by 2020, Interfax reported.
Gazprom has also pencilled in the Yamal Peninsula as a region for LNG production under a long-term development programme that aims to increase Russia’s share of the global market to more than 20 percent from just a few percent currently.
(Reporting by Vladimir Soldatkin; editing by John Stonestreet)
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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.
