Seeking Alpha

John-Donovan » Comments » Single Comment |

  • BP Could Lose $20 Billion to Gazprom [View article]
    From all that I have read this looks very much like a repeat of the Russian goverment tactics used against Shell in relation to the Sakhalin-2 project. I refer to the use of Russian "Special Services", plus the involvement of the so-called "Kremlin attack dog" Oleg Mitvol alleging environmental violations and and course Gazprom waiting in the wings to take a controlling interest.

    I played a key role in the Sakhalin2 affair as I supplied the Shell insider evidence to Mitvol which he used in support of a threatened $10 billion lawsuit for alleged environmental damage (later upped to $50 billion). As can be seen from the articles below which include an interview with Mitvol, it was the ONLY evidence quoted by him.

    www.shellnews.net/imag...

    www.shellnews.net/imag...
    (see page 4)

    For reasons that I will not disclose here, it became obvious to me that the Russian moves against Sakhalin Energy were disingenuous.

    Shell has now acknowledged that the Gazprom takeover reduced its reserves by 405 million boe. If calculated at $100 per barrel, the evidence I supplied cost Shell over $40 billion in lost revenues.

    John Donovan
    royaldutchshellplc.com
    Apr 09 09:33 am |Rating: 0 0
All Comments by John-Donovan »
Comments by Ticker
John-Donovan's
Comments Stats
2 comments
Rating: 0 (0 - 0 )