Son of U.S. Vice President Biden Joins Ukraine Gas Company
May. 13 2014
Looks like a beachhead is being established in Lithuania to get U.S. gas to Belarus, Ukraine, Latvia and Estonia.
I cant find a direct link from Burisma to Lithuania, other than yes, this is will get things rolling.
OK, want to have some more fun?
Try here...
R. Hunter Biden will be in charge of the Holdings legal unit and will provide support for the Company among international organizations. On his new appointment, he commented: Burismas track record of innovations and industry leadership in the field of natural gas means that it can be a strong driver of a strong economy in Ukraine. As a new member of the Board, I believe that my assistance in consulting the Company on matters of transparency, corporate governance and responsibility, international expansion and other priorities will contribute to the economy and benefit the people of Ukraine.
This is totally based on merit, said Burismas chairman, Alan Apter.
He doesnt sound very Ukrainian. Hes American, as is the other new board member, Devon Archer.
Who? Devon Archer, who works with Hunter Biden at Rosemont Seneca partners, which is half owned by Rosemont Capital, a private equity firm founded by Archer and Christopher Heinz.
Who? Christopher Heinz
John Kerrys stepson.
Yeah, you can quit rubbing your eyes, it's real.
http://burisma.com/en/director-list.html
More excerpts...
So, is Privat Group actually the owner of Burisma?
Privat Group is a conglomerate controlled by the ferocious Ukrainian oligarch Ihor Kolomoisky.
Kolomoisky is one of the oligarchs charged with holding down the Eastern provinces of Ukraine.
Kolomoisky might well have wanted something that looked an American protector, and got it, in the form of the VPs son.
There is a massive amount of detail at the above link, here it is again.
Again, no direct link but given the terrain and situation I see a Tango breaking out on the dance floor.
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Re your post #15
Don’t know if you can make much out some familial (Heinz/Kerry) relationships. The Biden appointment however probably to the desperate Ukainians draws American interests and funding to their sizable shale oil deposits and depends if and where the majority of their holding are elsewhere as well as the markets they service. But they do have a ready market in the Ukraine.
In Lithuainia’s case it’s a small country the way I see for them it was a wise move even though from what I understand those imports will only serve a 5th of their market. Leastwise the Russians won’t be able to “freeze them to submission”.
The importance of Burisma is greatly exaggerated by various sources with agenda. As their webpage says their average daily production is 12300 BOE. That makes yearly production in cubic meters into 12300*365/6.29*1000 = 713,751,000 m^3. Ukrainian production in 2011 was 19,800,000 m^3 so that makes Burisma’s share 713751000/19800000000*100 = 3.6%
Articles calling it the biggest private gas producer in Ukraine are misleading you as you certainly get a different idea than 3.6% production share.