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EXCLUSIVE: Joe Biden visited Ukraine as VP to push for fracking and greater energy production, president's current national security advisor briefed reporters in 2014 - just THREE DAYS after son Hunter joined gas firm Burisma's board
https://www.dailymail.co.uk/news/ar...Ukraine-days-Hunter-joined-Burisma-board.html
By JOSH BOSWELL FOR DAILYMAIL.COM
PUBLISHED: 12:14 EDT, 5 April 2023 | UPDATED: 13:06 EDT, 5 April 2023
Joe Biden visited Ukraine as VP to push for fracking and greater energy production, president's current national security advisor briefed reporters in 2014 - just THREE DAYS after son Hunter joined gas firm Burisma's board
Hunter Biden joined the board of Ukrainian gas firm Burisma on April 18, 2014 - three days before Joe visited Ukraine as vice president and pushed for fracking
Former White House stenographer Mike McCormick told DailyMail.com that press were briefed on Biden's strategies to boost Ukraine gas production
The call for greater energy production was politically significant – and lucrative for Burisma which generated revenues of at least $400million
Joe Biden pushed for Ukraine to frack gas during his 2014 vice presidential visit – just days after his son Hunter joined the board of a firm set to profit from it.
The first son joined the board of allegedly corrupt Ukrainian gas firm Burisma on April 18, 2014, the company announced in a press release at the time.
Three days later, Joe was aboard Air Force 2 for an official visit to the East European country.
One of his senior officials briefed reporters on the plane that the VP was pushing 'medium- and long-term strategies to boost conventional gas production, and also to begin to take advantage of the unconventional gas reserves that are in Ukraine.'
The 'unconventional' reserves were a reference to fracking, a gas extraction method for which Burisma was one of the few firms in Ukraine to have a license at the time.
The official said Joe was also promising help for Ukrainian energy firms from US experts.
Biden's push for greater energy production was politically significant – making Ukraine more economically independent from Russia. But the move also led to millions of dollars for the company his son was then working for.
According to Burisma's website, it ramped up production from 100million cubic meters in 2010 to 1.3 billion cubic meters in 2018 – when it generated revenues of at least $400million, according to a Reuters estimate.
In 2019 Burisma held 35 licenses for hydrocarbon production in Ukraine's main oil and gas basins.
According to energy industry publication KeyFactsEnergy.com it began using hydraulic fracturing, known as fracking, in 2016 and by May 2019 used the technology in 10% of its wells.
More at link...
EXCLUSIVE: Joe Biden visited Ukraine as VP to push for fracking and greater energy production, president's current national security advisor briefed reporters in 2014 - just THREE DAYS after son Hunter joined gas firm Burisma's board
https://www.dailymail.co.uk/news/ar...Ukraine-days-Hunter-joined-Burisma-board.html
By JOSH BOSWELL FOR DAILYMAIL.COM
PUBLISHED: 12:14 EDT, 5 April 2023 | UPDATED: 13:06 EDT, 5 April 2023
Joe Biden visited Ukraine as VP to push for fracking and greater energy production, president's current national security advisor briefed reporters in 2014 - just THREE DAYS after son Hunter joined gas firm Burisma's board
Hunter Biden joined the board of Ukrainian gas firm Burisma on April 18, 2014 - three days before Joe visited Ukraine as vice president and pushed for fracking
Former White House stenographer Mike McCormick told DailyMail.com that press were briefed on Biden's strategies to boost Ukraine gas production
The call for greater energy production was politically significant – and lucrative for Burisma which generated revenues of at least $400million
Joe Biden pushed for Ukraine to frack gas during his 2014 vice presidential visit – just days after his son Hunter joined the board of a firm set to profit from it.
The first son joined the board of allegedly corrupt Ukrainian gas firm Burisma on April 18, 2014, the company announced in a press release at the time.
Three days later, Joe was aboard Air Force 2 for an official visit to the East European country.
One of his senior officials briefed reporters on the plane that the VP was pushing 'medium- and long-term strategies to boost conventional gas production, and also to begin to take advantage of the unconventional gas reserves that are in Ukraine.'
The 'unconventional' reserves were a reference to fracking, a gas extraction method for which Burisma was one of the few firms in Ukraine to have a license at the time.
The official said Joe was also promising help for Ukrainian energy firms from US experts.
Biden's push for greater energy production was politically significant – making Ukraine more economically independent from Russia. But the move also led to millions of dollars for the company his son was then working for.
According to Burisma's website, it ramped up production from 100million cubic meters in 2010 to 1.3 billion cubic meters in 2018 – when it generated revenues of at least $400million, according to a Reuters estimate.
In 2019 Burisma held 35 licenses for hydrocarbon production in Ukraine's main oil and gas basins.
According to energy industry publication KeyFactsEnergy.com it began using hydraulic fracturing, known as fracking, in 2016 and by May 2019 used the technology in 10% of its wells.
More at link...
