DAVOS, Switzerland, Jan. 25 (UPI) — Shell Chief Executive Officer Peter Voser said there is significant shale natural gas potential in Ukraine.
Voser told the BBC on the sidelines of the World Economic Forum in Davos, Switzerland, that Shell signed a 50-year production sharing contract to explore shale natural gas reserves in Ukraine.
Ukraine is among the Eastern European countries eyeing potential shale gas reserves along with Poland and Lithuania. Voser said his company expected to make billions of dollars in investments in Ukraine should shale exploration prove fruitful.
“We go where the resources are and we see a lot of potential in Ukraine,” he said.
He added that his company was capitalizing on a political situation where Kiev was looking to secure more energy independence from Russia. It’s an opportunity for Shell to diversify its portfolio as well, he said.
The contract was agreed to on the sidelines of the economic summit. It’s reportedly worth about $10 billion.
Russian energy company Gazprom in 2009 cut gas supplies to Ukraine because of contractual disputes. That row left downstream European consumers in the cold for weeks as the bulk of Russian natural gas designed for the region heads through Ukraine’s gas transit system.
The government estimates that Shell is targeting an area said to contain about 4 trillion cubic feet of shale natural gas.
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: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
