Gerson Lehrman Group
March 24, 2010
Analysis by: Hans Linhardt
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Summary
Shai Oster reported today in WSJ (B2) that China National Petroleum is ready to jointly develop with Shell unconventional sources of natural gas in China, thereby copying the advanced technologies for unconventional gas developments in the U.S.
Analysis
Shell has found Russia to be a rough territory to develop natural gas resources for LNG export and/or commercial appreciation. It turns out China has learned their lesson from the Unocal takeover attempt without an IOC partner. Now China’s energy sector is a much more sophisticated global energy resources player than the bullying Gazprom operation of Russia, inviting Shell to be a partner even for their own tight gas and potential shale gas resources, to be equal in geology to the the U.S. and of enormous interest to China to avoid any significant dependance on Gazprom of Russia. Significant developments are:
- China National Petroleum Company (“CNP”) announced plans to jointly develop with Shell natural gas in the western Sichuan basin
- A 30 year contract has been signed to develop unconventional gas (tight gas and shale gas) in an area of about 4,000 square kilometers in the Jinqiu block of central Sichuan province
- Second deal of CNPC and Shell is the joint buyout of Arrow Energy, Ltd. of Australia for $3.15 billion to acquire their coal seam gas resources and plan export of LNG to China
In summary, Shell has found a sophisticated and energy hungry partner in China that plays a fair game and will advance their own energy demands with support and eventual assimilation of advanced IOC technologies for unconventional gas and – of course – LNG.
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.
