(Reuters) – Royal Dutch Shell has signed a letter of intent with a private Chinese energy firm to build a liquefied natural gas (LNG) import terminal in east China, a Shell China official said on Thursday.
The pact, though non-binding, marks a rare cooperation on a potentially multibillion-dollar investment
between a global energy company and a local private firm in China’s state-dominated energy sector.
“Shell and Guanghui Energy have signed a non-binding Letter of Intent that confirms the intention of the two parties to explore the possibility of developing a LNG import
terminal project in Qidong, Jiangsu province,” Chen Xiaoni, a spokeswoman for Shell Companies China, wrote in an email.
Shanghai-listed Guanghui Energy plans to build LNG facilities in Qidong, Jiangsu province, starting with a 600,000 tonnes per year (tpy) storage and transit plant, according to a company statement released early this month.
The company aims to then build a 1.5 million tpy LNG import facility under a second phase and a 3.5 million tpy import terminal in a third stage. All these investments are pending regulatory approvals.
Shell, already a major LNG supplier to China, the world’s top energy user, would want to jointly invest and operate the facilities from the second phase, and the companies would explore the possibility of setting up a joint venture which would be controlled by the Chinese party, Guanghui said.
China operates five terminals along its east coast to import the super-chilled natural gas, after the first one started in 2006, and is adding and planning another dozen such facilities to meet rapidly growing demand for the fuel.
(Reporting by Chen Aizhu; Editing by Mark Potter)
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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.

























































