January 26, 2017
ASTANA (Reuters) – Kazakhstan has agreed to continue talks about a tax dispute with the Karachaganak consortium of oil majors led by Shell (RDSa.L) and Eni (ENI.MI) despite beginning arbitration proceedings, the Kazakh Energy Ministry said on Thursday.
Quoting minister Kanat Bozumbayev, a ministry spokesman said the sides had agreed in December to extend talks by nine months and Kazakhstan might stop the arbitration if it was satisfied with the consortium’s offer.
Russia’s Lukoil (LKOH.MM) said last April Kazakhstan had filed a $1.6 billion claim against the consortium developing the Karachaganak gas condensate field.
The energy ministry has said the dispute was about calculations of the parties’ shares in the field’s output.
Eni and Shell (RDSa.L) each own 29.25 percent of the Karachaganak project in northwest Kazakhstan, which they jointly operate. State-owned KazMunayGaz owns 10 percent, Chevron Corp (CVX.N) 18 percent and Lukoil 13.5 percent.
Karachaganak produced 78.8 million barrels of liquid hydrocarbons in the first half of 2016, up 11.3 percent from the same period a year earlier.
The field contains 1.2 billion tonnes of oil and gas condensate and more than 1.35 trillion cubic metres of gas, making it one of the world’s largest oil and gas deposits.
(Reporting by Raushan Nurshayeva; Writing by Olzhas Auyezov; Editing by Maria Kiselyova)
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.
