SAKHALIN II: SHELL OIL IN RUSSIA

December 12, 2006 at 10:03 pm | Posted in Earth, Economics, Financial, Globalization, History, Oil & Gas, Research, Russia, Science & Technology | Leave a comment

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The Sakhalin II project, like its sister project Sakhalin-I, is a consortium to locate and produce oil and gas on Sakhalin Island and immediately offshore, in the Sea of Okhotsk, from two fields: Piltun-Astokhskoye and Lunskoye

Sakhalin-II: RUSSIA OIL

The Sakhalin II project, like its sister project Sakhalin-I, is a consortium to locate and produce oil and gas on Sakhalin Island and immediately offshore, in the Sea of Okhotsk, from two fields: Piltun-Astokhskoye and Lunskoye. Piltun-Astokhskoye is primarily an oil field, and Lunskoye is primarily a gas field.

The project has been met with heavy criticism over the potential environmental impacts,
which could include driving the world’s last 100 remaining western Pacific grey whales to extinction.

Marathon, McDermott and Mitsui formed MMM Consortium in 1991, Shell and Mitsubishi joined in 1992, to make it MMMMS. The consortium formed Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) in April 1994 to develop and manage the Sakhalin II project.

The first ever Production Sharing Agreement (PSA) was completed with Russia in 1994, with the signing of the Sakhalin II project consortium. The consortium is managed and operated by Sakhalin Energy Investment Company Ltd. (Sakhalin Energy). McDermott sold its share to the other partners in 1997, and in 2000 Marathon traded its share to Shell for other properties (the BP operated Foinaven field, near the Shetland Islands, and an eight block area in the Gulf of Mexico-including: the Ursa field) and Marathon’s expenses in Sakhalin-II for that year.

In the Piltun-Astokhskoye field in July of 1999 production began from the Molikpaq platform, Vityaz Complex, and in September of 1999 the first crude was exported.

Consortium partners

  • 55% – Shell Sakhalin Holdings B.V. (Shell – UK/NETHERLANDS)
  • 25% – Mitsui Sakhalin Holdings B.V. (Mitsui – JAPAN)
  • 20% – Diamond Gas Sakhalin (Division of Mitsubishi – JAPAN)

The two field total project cost until 2014 was by Shell originally estimated at between $9 and $11 billion US dollars. However, the costs turned out to be substantially underestimated and in July 2005 Shell revised the estimate to $20 billion, causing much consternation among analysts and Russian business partners alike. There are six main phases to the project: field development in the Piltun-Astokhskoye oil field, field development in the Lunskoye gas field, upgrading infrastructure on the island (IUP — Infrastructure Upgrade Project) which includes a building pipeline to Prigorodnoye on Aniva Bay, building an onshore processing facility (OPF), building an oil export terminal (OET), and building a liquid natural gas (LNG) plant and terminal.

The two fields contain an estimated 1.2 billion barrels (190,000,000 m³) of crude oil and 500 billion cubic meters (18 trillion cubic feet) of natural gas, 9.6 million tonnes of liquefied natural gas a year and about 180,000 barrels per day (29,000 m³/d) of oil will be produced.

LNG

This will be the first ever LNG plant built in Russia. Shell estimates that the LNG plant will have the ability to meet eight percent of the world’s current LNG demand, 9.6 million tonnes of LNG per year, at the new plant, which will be in Prigorodnoye (Prigorodnoe) on Aniva Bay on the southern tip of Sakhalin, 13 kilometers east of Korsakov, on 4.9 km². Two trains will have an annual capacity of 4.8 million tones each.

The LNG plant will have two LNG storage tanks of 100,000 cubic meter net capacity each and LNG will be exported via an 805-metre jetty in Aniva Bay. The jetty will have two loading arms and one boil-off gas return arm, with ship loading expected to take between six and sixteen hours depending on the size of the cargo.

An important step for the project has been to have LNG contracts in place with major customers. The first shipments of LNG are projected to be summer of 2007.

So far Sakhalin Energy has signed up three LNG agreements:

  • Tokyo Gas : 1.1 million t/year – 24 years (May 2003)
  • Tokyo Electric Power Company: 1.5 million t/year – 22 years (May 2003)
  • Kyushu Electric Power Company: 0.5 million t/year – 21 years (2003).

The LNG plant construction consortium is awarded to two Russian companies, OAO
Nipigaspererabothka (Nipigas) and the KhimEnergo consortium, together with two Japanese
companies Chiyoda Corporation and Toyo Engineering.

Oil export terminal

Located on Aniva Bay, 500 meters east of the LNG plant. Total storage capacity will be
1.2 million barrels (190,000 m³) in two tanks (about six days pipeline throughput).
Subsea pipeline to a tanker-loading unit (TLU), which is located about five kilometers
offshore in the bay can load oil at a rate of 50,000 barrels per hour (8,000 m³/h).

Platforms

  • The Molikpaq Platform (PA-A)
    • Originally a drilling rig from Arctic Canadian waters
    • Built to operate in severe ice conditions
    • 16 km offshore
    • 120 m wide
    • Weight 37,523 t
    • 150 personnel
    • Ballast 278,000 m³ sand
    • Temperatures offshore: down to -70 °C wind chill
  • Piltun Astokhskoye Platform (PA-B)
    • Four legged concrete gravity substructure engineered and constructed by Aker Kværner Technology AS and Quattrogemini OY
    • Construction began – 4Q 2003
    • Start of production expected – 4Q 2007
    • Water depth 32 m
    • Living quarters for 100 permanent & 40 temporary personal
    • Capacity:
      • Oil approximately 70,000 barrel/d (11,000 m³/d)
      • Associated gas 100,000,000 ft³/d (2,800,000 m³/d)
  • Lunskoye Platform (LUN-A)
    • Four legged concrete gravity substructure that will be engineered and constructed by
      Aker Kvaerner Technology AS and Quattrogemini OY
    • Construction began – 3Q 2003
    • Start of production expected – 1Q 2007
    • 15 km offshore
    • Water depth 48 m
    • 90 permanent & 36 temporary personel
    • Capacity:
      • Gas approximately 52 million m³/d (1,800,000,000 ft³/d)
      • Peak liquids and condensate about 8,000 m³/d (34,000 barrel/d)
      • Peak oil 2,500 m³/d (16,000 barrel/d)

Onshore processing facility

  • 7 km inland inline with Lunskoye
  • Construction: BETS joint venture:
    • Technostroyexport (Russia)
    • Enka (Turkey)
    • Bechtel (US)
  • Cost: $250 million (US)
  • Construction commenced 2nd half 2003
  • Production start-up – Q4 2005 to Q4 2006.
  • 100 MW power plant
  • Capacity
    • Gas: 1,800 million standard cubic feet per day (51,000,000 m³/d)
    • Condensate/oil: 60,000 barrels per day (9,500 m³/d)

Pipeline

Phase two in the project is the construction of two 800 km pipeline systems from the
fields on the northeastern edge of the island to a Liquefied Natural Gas (LNG) and an Oil
Export Terminal (OET) at the south end. The $1.2 billion (US
Dollars
) pipeline was awarded to a consortium of two Russian companies Starstroi and
LUKoil-Neftegazstroi together with two European companies Saipem SA and AMEC Spie Capag.
The project is estimated to employ between 5,000 and 6,000 people from design to
completion in December 2006.

  • Stats:
    • 126 km of swamp crossings
    • 110 km over mountainous routes
    • 1,000-plus (mainly small) river crossings
    • 18 rail crossings
    • 10 road crossings.
    • Trench buried (with 0.8 to 1 m cover on top of pipe)
    • Block valves: 51 gas; 108 oil; 6 multiphase (all remotely operated)

Offshore pipelines

  • Total overall length – 165 km
    • Two 42 km x 356 mm pipelines from Piltun-Astokhskoye B platform (PA-B) to shore.
    • Two 17.5 km x 356 mm pipelines from Piltun-Astokhskoye A platform (PA-A or Molikpaq) to
      shore.
    • Two 13.5 km x 114 mm pipelines from Lunskoye Platform (LUN-A) to the shore.
    • One 13.5 km x 762 mm pipeline from shore to LUN-A to provide gas to the facility.
    • One 5.5 km x 752 mm tanker loading line from the OET (Oil Export Terminal) to the TLU
      (Tanker Loading Unit) in Aniva Bay.

Infrastructure upgrade projects

Sakhalin II will create permanent work for up to 2,400 people and jobs for an estimated
10,500 more during the construction period. Together with Sakhalin-I,
unemployment should remain low and island improvements greatly expanded. To complete the
plants and pipeline, Sakhalin Energy will spend $300 million (US) to upgrade the islands
infrastructure: roads, bridges, waste management sites, airports (including one at
Nogliki), railways and ports, at more than 50 construction sites.

  • Sakhalin Western Marine Port: To allow for the inbound receipt of Phase 2 construction
    materials including pipeline and Onshore Processing Facility cargo, the Port of Kholmsk,
    on the southwest part of the island, has been upgraded. Work includes: dredging works,
    quayside works, installation of rail sidings, access roads, 4 x 20 t and 1 x 32 t gantry
    cranes erected, Berth 5 has been refurbished, final works at the port including office and
    warehouse upgrades are currently ongoing.
  • Federal Roads and Bridges: 39 bridges & bridge approaches, bridge and culvert
    construction, 16 km of federal roads are being reconstructed, and a further 12 km of
    federal carriageway is being asphalted.
  • Onshore Processing Facility (OPF) Site Works: Temporary site works at the Onshore
    Processing Facility (OPF) site, including construction of an 115,000 m² Site Construction
    Camp Area and a 70,000 m² Temporary Works Area, 6 km Beach Access Road (BAR) and an
    11,000 m² Beach Laydown Area (BLA) at near-by Lunskoye beach.
  • Onshore Processing Facility Southern Access Road (SAR): 76 km of access roads to the OPF
    facility. Including the SAR (0-57 km) project, involving redesigning and upgrading 57 km
    of road including 13 bridges, the SAR (57 to 76 km), involves the construction of 20 km of
    new road.
  • Railways: Railway upgrades, 9 separate rail sidings, and 2 new passing loops on the main
    line (west coast).
  • Phase 2 Project Office: 250-person, 3-story project office facility in Yuzhno-Sakhalinsk
  • Phase 2 Accommodation Facility: 13 two-story apartment buildings (104 units),
    accommodation facilities near Zima Highlands, a multi-use recreation facility, a
    mechanical and electrical building and a free-standing security building.
  • LNG Site Works: general site clearance, archaeological works, demolition works and the
    removal of submarine cables from Aniva Bay.
  • Municipal Works: Road and bridge upgrades for 7 Island’s Municipalities: Dolinsk,
    Kholmsk, Korsakov, Makarov, Nogliki, Poronaysk and Yuzhno-Sakhalinsk.

Environmental impacts

The project has been dogged by environmental and social criticism and opposition from
numerous environmental groups including Sakhalin Environment
Watch
, World Wide Fund for Nature, Friends of the Earth, Bankwatch, Pacific Environment, IUCN, as well as from residents of Sakhalin
and independent scientists.

One key concern is that the project, the NGO’s argue referring to an International
Scientific Review Panel (ISRP) report on Sakhalin II project impacts to the critically
endangered Western Gray Whale, will push the world’s last 100 or so western pacific grey whales into extinction.

Other concerns are that the project will destroy the marine environment, threaten the
livelihood of tens of thousands of fishermen, destroy the key salmon fishing area off the
island by dumping one million tons of dredging spoil waste into the sea, and finally imply
a permanent threat of a large oil spill in the Okhotsk and Japanese seas.[1]

The key NGOs demands in this regard are:

  • Pipeline crossings across all spawning rivers and streams on Sakhalin Island must be
    made with a bridge over the river, on specially designed suspension systems, to avoid
    damage to the streambed and water channels.
  • The new proposed platform for the Piltun-Astokhskoye field for Sakhalin-2 Phase 2 must
    be moved at least 12 nautical miles from shore in order
    to ensure that the platform does not harm the habitat of the critically endangered western
    grey whale.
  • Discharge of any wastes into Aniva Bay is categorically
    impermissible.
  • Shell, Mitsubishi, Mitsui and Gazprom, must take full financial liability for any oil
    spill within Russia (including Aniva Bay and the La Peruse strait) from tankers and
    compensate all expenses for liquidating and cleaning polluted areas, and pay compensation
    to injured people. The international financial institutions should financially guarantee
    that the clean up funding and compensation is available after the accident.[1]

Criticism has also come from other sides. In 2003, the European Bank for
Reconstruction and Development
, a potential financier of the project deemed
Sakhalin-II ‘unfit for purpose’ due to environmental concerns. The project, many argued,
was in direct violation of the Equator Principles,
a set of voluntarily guidelines adopted by the world’s leading banks, and a number of
Equator Principles banks have already indicated that they will not fund Sakhalin II.

Shell has responded to these concerns saying that
the project meets lenders’ policies and that environmental and that social issues have
been met.

Recent developments

In 2005, Shell agreed to swap 25% of Sakhalin-II
to Gazprom, in exchange for 50% of a natural gas field in the
Russian Arctic, plus cash. Several days after the deal was signed, Shell doubled its cost estimates for Sakhalin-II to $20
billion. This move is reported to have highly angered Gazprom
and the Russian government, since this implied lower potential profits for them.

On September 18, 2006,
Russian regulators withdrew an environmental permit for Sakhalin-II, citing damage to
salmon streams. This was widely interpreted as a move by the Russian government to force a
renegotiation of the Sakhalin-II deal.[2]

References

a
b
Sakhalin Environment
Watch. Sakhalin-II
Oil and Gas Project – Introduction
. Retrieved on 200609-20.

  1. Kramer, Andrew E. (2006). “Russian oil reversal
    stirs outcry
    “. International Herald Tribune.

External links

ZAMIL INDUSTRIAL INVESTMENT COMPANY: SAUDI ARABIA

December 12, 2006 at 6:57 pm | Posted in Arabs, Economics, Financial, Globalization, History, Middle East, Research, Science & Technology | Leave a comment

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For Immediate Distribution

Press Release

12-12-06

ZIIC wins UAE Web Award

Neena Punnen Neena.Punnen@hillandknowlton.com

Tuesday, December 12, 2006

Zamil Industrial Investment Company, Corporate Communications, Tel: (966) 3 8471840,
Fax: (966) 3 8472574, or e-mail: saidaldaajani@ziic.com

Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton. For more information contact Sami Amin on Tel: +973 17 533532, Fax: +973 17 533370, or e-mail:
sami.amin@hillandknowlton.com

ZAMIL INDUSTRIAL INVESTMENT COMPANY TRIUMPHS IN UAE WEB AWARDS

Zamil Industrial Investment Company (ZIIC), an international manufacturing and fabrication group focused on growth segments of the global construction industry, has won the silver trophy in the ‘industrial’ category at this year’s UAE Web Awards for its ziic.com website.
The awards recognize excellence in web design and development skills.

Said F. Al Daajani, Director of Corporate Communications and Investor Relations at ZIIC, accepted the award jointly with Arshad Mulla from BuzinessWare, the developers of the website, at a ceremony held on 9 December 2006 at Al-Bustan Rotana Hotel in Dubai, in the presence of dignitaries and senior government officials.

“At ZIIC we are committed to deploying the latest technologies and aligning them with our business strategies to ensure we create maximum value for our four
group businesses. IT is a shared service function within ZIIC
and is
essential to our Group’s performance, and part of this includes our online presence.
It is my pleasure to accept this award on behalf of ZIIC as this recognition underscores the successes we are achieving through our technology capabilities and, of course, also reflects the strong credentials of our Dubai-based developer, Buzinessware.”

There are five main objectives of the UAE Web Awards. These are to promote a spirit of innovation and creativity, raise the standards of web design and websites, advocate growth and development of local talent, promote intellectual property awareness, and encourage all sectors to become involved in the digital economy.

The criteria for the awards considered concept and creativity levels;
technical, user and navigation friendliness; content and structure; visual design and aesthetics and interactivity. Judges comprised university professors and specialists who voted on the best websites according to international standards. The winners of the “UAE Web Awards” will compete with other winners from other Arab countries for the prestigious Pan Arab Web Awards competition.

This year’s Web Award adds to a growing number of accolades received by ZIIC’s IT function. These include acknowledgement in 2005 – for the second consecutive year – at the 25th GITEX exhibition in Dubai for the strategic role of ZIIC IT as an enabler of business needs. During the event ZIIC was recognized by the Arabian Technology Awards for “Outstanding Achievement in the use of IT in Manufacturing”.

Photo shows: (L to R) Pierre Moukarzel, Said F Al-Daajani, Jawad Al-Redha and Arshad Mulla receiving the award at the UAE web award ceremony held at the Al-Bustan Rotana Hotel in Dubai, UAE on Saturday 9 December.

About the UAE Web Awards

The UAE Web Awards serve as an inspiration, archive and at the same time rewards creators for their skills so that they continue to improve. The awards also promote the innovative spirit of web designers to meet professional and international standards, promote intellectual and production opportunities, and aim to develop an interactive proactive and reactive community that provides recognition in the most superlative way. Furthermore, UAE Web Awards are encouragement for all sectors to showcase their websites and be more involved in IT. Through UAE Web Awards participants have the opportunity to widen contacts and networks, foster co-operation, enhance knowledge, build capabilities and exchange information. The Awards are a platform for creative people to showcase their work and attain market recognition. More information is available at www.uaewebawards.org.

About Zamil Industrial Investment Company

Zamil Industrial Investment Company (ZIIC) was founded in 1998. It is headquartered in Dammam, Kingdom of Saudi Arabia, and employs more than 6,500 people in 55 countries. As an international manufacturing and fabrication group, it provides leading air conditioning, pre-engineered steel buildings, structural steel products, process equipment, transmission and telecommunications towers, open web joists and decks, architectural glass processing and fiberglass insulation solutions to meet the requirements of the global construction industry through its four sector businesses: Zamil
Air Conditioners (
www.zamilac.com), Zamil Steel
Industries (www.zamilsteel.com), Zamil Glass
Industries (www.zamilglass.com) and Arabian
Fiberglass Insulation Co. Ltd. (www.afico.com.sa).

During the first nine months of 2006 net profit after Zakat
contributions were SAR 154.7 million/USD 41.3 million, an increase of 76% over the same
period in 2005. Total turnover was SAR 2.11 billion/USD 563.6 million, representing a
15.2% growth. Shareholders’ Equity also increased by 24.3% to SAR 709.4 million/USD
189.2 million. While Post Zakat Earnings Per Share as at end of September 2006 grew to SAR
3.44/USD 0.92. Total exports amounted to SAR 778.1 million/USD 207.5 million, representing
37% of turnover.

For the year ended 31 December 2005, ZIIC posted turnover of SAR 2.4
billion/USD 631.9 million, a growth of 20.5% over 2004, with net profit, after Zakat
contribution, of SAR 106.4 million/USD 28.4 million. Post Zakat Earnings Per Share also
grew by 51.6% to SAR 15.19/USD 4.05, up from SAR 10.02/USD 2.67 during the same period in
2004. Shareholders’ equity grew by 18.7% to SAR 587.5 million/USD 156.7 million.
Export sales accounted for SAR 934 million/USD 249 million representing 39% of total
revenues and 5% growth over 2004. ZIIC exports to more than 80 international markets.

ZIIC shares are actively traded on the Saudi Stock Market. More
information can be found at www.ziic.com

— Ends —

For more information on this press release, contact Said Al-Daajani, Zamil Industrial
Investment Company, Corporate Communications, Tel: (966) 3 8471840, Fax: (966) 3 8472574,
or e-mail: saidaldaajani@ziic.com

Issued on behalf of Zamil Industrial Investment Company by Hill & Knowlton. For
more information contact Sami Amin on Tel: +973 17 533532, Fax: +973 17 533370, or e-mail:
sami.amin@hillandknowlton.com

ZIIC wins UAE Web Award

Neena Punnen Neena.Punnen@hillandknowlton.com

Tuesday, December 12, 2006

BANK FOR INTERNATIONAL SETTLEMENTS BIS REVIEW NOS. 121-120: FINANCIAL STABILITY REVIEW

December 12, 2006 at 6:21 pm | Posted in Economics, Financial, Globalization, History, Research | Leave a comment

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BIS Review

Bank for International Settlements

http://www.bis.org/review/index.htm

BIS Review No 121 available

Monday, December 11, 2006

Please find BIS Review No 121 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS
Review
on the

Bank for International Settlements’ website by
clicking on http://www.bis.org/review/index.htm

What’s included?

BIS Review No 121 (12 December
2006)

David Dodge: Improving financial system efficiency – the need for
action
Stanley Fischer: The openness of Israel’s economy to the global
economy and the importance of Israel’s joining the OECD
Radovan Jela¹ic: The development of small and medium size
enterprises in Serbia
Ardian Fullani: Bank of Albania – progress during 2006
Ardian Fullani: Past and future banking reforms in Albania and the
region
Lucas Papademos:
ECB Financial Stability Review December 2006

______________________________

If you would like to be taken off the list to receive BIS Reviews,

or if you would like to add or change an address,

please e-mail press.service@bis.org

Please find BIS Review No 120 attached as an Adobe Acrobat (PDF) file.

Alternatively, you can access this BIS
Review
on the

Bank for International Settlements’ website by
clicking on http://www.bis.org/review/index.htm

What’s included?

BIS Review No 120 (11
December 2006)

Jean-Pierre Roth: Implications for business of the new
international monetary order

Erkki Liikanen: Finland and EU
Erkki Liikanen:
The changing financial environment in Latin America and global imbalances

Erkki Liikanen: Finland, EMU and euro
European Central Bank: Press conference – introductory statement
Usha Thorat: Urban cooperative banks – evolution of the banks,
current issues in corporate governance and challenges in their regulation and supervision
______________________________

If you would like to be taken off the list to receive BIS Reviews,

or if you would like to add or change an address,

please e-mail press.service@bis.org

BIS Review No 120 available

Press, Service Press.Service@bis.org

“Publications, Service” Publications@bis.org

Monday, December 11, 2006

MIDDLE EAST LOGISTICS: DUBAI

December 12, 2006 at 2:30 pm | Posted in Arabs, Economics, Financial, Globalization, History, Middle East, Research | Leave a comment

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Dubai – United Arab Emirates

Media One

P.O. Box: 72247 Dubai – United Arab Emirates
Suite : #602, Bu Haleeba Plaza, Al Muraqqabat Road, Deira

Tel : ++971-4 – 297 6987 Fax : ++971-4 – 297 6988

ISDN-No. ++971-4- 297 6414

e-mail:
mediaone@emirates.net.ae

Based in Dubai, the business hub of the region, we at MEDIA ONE are one of the few publishing companies specializing in Business Publications in the Arabian Gulf. All our publications – magazines, directories, newsletters- are highly targeted on particular segments of the industry.

Pak
may loose UAE basmati rice market

Islamabad: Pakistan may loose the UAE market for exporting its 400,000 tonnes of rice if
the proposed move to make DNA testing mandatory for clearance of rice at Dubai ports.
full story


RAK
Free Zone receives delegates

Ras Al Khaimah: A trade delegation from the Kingdom of the Netherlands visited yesterday
the RAK Free Trade Zone (RAK FTZ) to discuss the business opportunities.
full story


Nico
in JV to set up ship repair yard

Dubai: UAE-based Nico International has signed a joint venture agreement to build a ship
repair yard in Kazakhstan and has plans to set up a shipbuilding facility in the Central
Asian nation.
full
story

Sharjah: Russian steel major, Metalloinvest is planning to set up a steel rolling mill at Hamriyah Free Trade Zone in
Sharjah, UAE. The company will manufacture reinforced steel bars, which finds application
in construction.

Hamriyah Steel, a new entity is being formed to implement the project at an estimated
cost of $156-million.

It appears that the Russian company is roping in local Continue

UAE

IRAN

SAUDI ARABIA

IRAQ

KUWAIT

OMAN

QATAR

BAHRAIN

Based in Dubai, the business hub of the region, we at MEDIA ONE are one of the few publishing companies specializing in Business Publications in the Arabian Gulf. All our publications – magazines, directories, newsletters- are highly targeted on particular segments of the industry.

MEDIA ONE’s primary focus is concentrated on providing valuable information about the Arabian Gulf and Middle East markets. Our philosophy is concentrated on the provision of news and must-have information to readers.

http://www.mediaonemiddleast.com/advertising_info.htm

Media One
P.O. Box: 72247 Dubai – United Arab Emirates
Suite : #602, Bu Haleeba Plaza, Al Muraqqabat Road, Deira
Tel : ++971-4 – 297 6987 Fax : ++971-4 – 297 6988
ISDN-No. ++971-4- 297 6414
e-mail: mediaone@emirates.net.ae

GLOBAL ZIONISM PROBLEM?

December 12, 2006 at 3:14 am | Posted in Earth, Globalization, History, Israel, Judaica, USA, Zionism | Leave a comment

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DOES OUR WORLD HAVE A ZIONISM PROBLEM?

Up to the establishment of Israel in the late 40s, one of the dimensions of Western history was the phenomenon of antisemitism: the Jews had a world problem.

This culminated in the Holocaust.

After the establishment of Israel, by some process of “the cunning of history,” (die List der Vernunft, in German) the world now has what must be called a Zionism problem.

This has culminated in the ethnic cleansing of Palestine. (see Ilan Pappe book, by this name) .

This Zionist state-within-a-state is blocking American and hence world policy.

Washington is now completely paralyzed by “Ziono-fear.”

See: http://www.cambridgeforecast.org

See:

See: https://cambridgeforecast.wordpress.com/2006/11/18/ethnic-cleansing-of-palestine-book/


BIOFUELS & VINOD KHOSLA

December 12, 2006 at 12:56 am | Posted in Earth, Economics, Financial, Globalization, History, India, Oil & Gas, Research, Science & Technology | Leave a comment

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Vinod Khosla

Vinod Khosla & Biofuels

Vinod Khosla (born January 28, 1955
in Poona[1]) is an Indian American venture
capitalist
. He is an influential personality in Silicon
Valley
. He was one of the co-founders of Sun
Microsystems
and became a general partner of the venture
capital
firm Kleiner, Perkins,
Caufield & Byers
in 1986.

Early life and education

Khosla read about the founding of Intel in Electronic Engineering Times at the
age of sixteen and this inspired him to pursue technology as a career. Khosla went on to
receive degrees from some of the most prestigious institutions in the world: the IIT Delhi, India (Bachelor of Technology in Electrical
Engineering ), Carnegie Mellon University
(Masters in Biomedical Engineering), and Stanford Graduate School of Business
(MBA).

Sun Microsystems

After graduating from Stanford University in 1979, Khosla along with his Stanford fellows Scott McNealy, Andy
Bechtolsheim
(another Carnegie Mellon graduate school alumnus), and a UC Berkeley masters degree
holder named Bill Joy founded Sun Microsystems. Khosla left
Sun in 1985. Khosla is also one of the founding fathers of The Indus Entrepreneurs, and has guest-edited a
special issue of Economic Times (ET), a leading business newspaper in India.

After Sun

Khosla "fell in love" with Zaplet.com, and the company has
since merged and developed into a goverance,risk and compliance leader.[2]

While recognized for several venture "hits", Khosla also played a key role
with several of the tech industry’s most spectacular failures, including Asera, Zambeel,
Dynabook, Excite, and others.

In 2004 Khosla formed his own firm: Khosla Ventures.

Vinod was featured on Dateline NBC on Sunday, May 7, 2006. He was discussing the
practicality of the use of ethanol as a gasoline
substitute. He is known to have invested heavily in ethanol companies, in hopes of
widespread adoption. He cites Brazil as an example of a country that has totally ended its
dependence on foreign oil.[3]

Khosla was a major funder of Yes on 87’s campaign to pass California’s Proposition 87, The Clean
Energy Initiative, which failed to pass in November, 2006.

Personal

He has four teenage children.

Accomplishments

Founding companies

Helping to found companies

Board membership

Other

Notes

  1. IIT
    Delhi: Distinguished Alumni Awards
  2. A winner
    looking to back other winners
  3. Venture capitalist a
    techie at heart
    October 15, 2006

External links

http://en.wikipedia.org/wiki/Vinod_Khosla

http://www.pbs.org/newshour/bb/economy/jan-june06/biofuels_4-13.html


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