By Robert Tuttle – Dec 4, 2011 3:54 PM GMT
Qatar Petroleum and Royal Dutch Shell Plc (RDSA) signed a heads of agreement to develop a petrochemicals plant in the Gulf country for an estimated cost of $6.4 billion.
State-run Qatar Petroleum will have an 80 percent stake in the project and Shell the remainder, the companies said today in Doha. They plan to sign a final joint-venture agreement by the end of next year or early in 2013, Qatari Oil Minister Mohammed al-Sada told reporters in the countrys capital. The project would be completed in 2017, he said.
The Shell venture would not replace one that Exxon Mobil Corp. (XOM) proposed two year ago, and the country plans more petrochemicals projects, al-Sada said. He estimated the Shell complexs costs at $6.4 billion. OPEC-member Qatar is the worlds largest exporter of liquefied natural gas.
The heads of agreement sets the scope and commercial principals for the project, which would include a steam cracker and a mono-ethylene glycol plant with a capacity of 1.5 million metric tons a year, Qatar Petroleum and Shell said in a statement. The complex would be able to produce 300,000 tons a year of linear alpha olefins, they said.
To contact the reporter on this story: Robert Tuttle in Doha at [email protected]
To contact the editor responsible for this story: Bruce Stanley at [email protected]
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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.

























































