The oil major Royal Dutch Shell owes Tehran $2.8 billion while it made a net loss of $6 million trading Iranian oil in 2012.
TEHRAN, Jul. 26 (MNA) – Iran’s Central Bank and National Oil Company released the list of companies and refineries owing oil dues to Iran.
During the period US and European sanctions prevented international banks from transferring money to the Islamic Republic, billions of Iran’s oil revenues were frozen in banks overseas.
In a joint statement released by the Central Bank of Iran (CBI) and the National Iranian Oil Company (NIOC) the oil giants and refineries owing to Iran were listed, in which some Greek refineries, British-Dutch-owned Shell refineries, BP, South Korean Petrochemical and Polymer Company, along with Indian refineries top the list of Iran’s oil debtors.
The oil major Royal Dutch Shell owes Tehran $2.8 billion while it made a net loss of $6 million trading Iranian oil in 2012. Unlike its rivals, Shell continued trading with Iran under a provision for pre-existing contracts close to the EU’s June 30 deadline before the embargo. The debt is for oil purchased in 2011 and 2012.
Accroding to Nirmala Sitharaman Indian Minister of Commerce & Industry, India owes about $8.8 billion for oil imports from Iran.
The Managing Director of National Iranian Oil Company Rokn al-Din Javadi says that foreigners owe his company $5 billion out of which 3 billion is owed by Asian Companies and 2 billion by Europeans.
On the other hand, earlier, Seyed Mohammad-Ali Khatibi suggested that buying shares or building refineries in other countries can guarantee long-term demand for Iranian oil. Iran can purchase shares in lieu of debts owed by refineries for previous oil purchases, which were not reimbursed due to the sanctions imposed against Iran.
‘Acquiring more than 50% of an oil refinery’s shares will not only reinforce Iran’s bargaining power for long-term export of its crude, it can also provide the country with much-needed petrochemical products,’ Khatibi said.
In order to embark on such an initiative, however, the Oil Ministry needs to obtain authorization from the cabinet and the Parliament.
Iran’s unsettled financial dues for oil export are estimated to stand at $20-25 billion.
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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.
