Saturday, August 9, 2014

BFP Exclusive-Stench of Corruption a Ukraine Oligarch Shale Gas Civil War & Baby Biden

Hunter Biden & A Dodgy Company Called Burisma

Ukrainian politics has had the stench of corruption since the free-for-all to loot the country following the declaration of independence from the Soviet Union in 1991. However today, some five months after the gangster-led Washington-orchestrated coup d’etat that put the present regime illegally in power in Kiev, that stench is becoming unbearable. Now it involves the case of Ukraine’s deposits of shale gas.

According to a survey done for the US Department of Energy two years ago, Ukraine could have 42 trillion cubic feet (tcf) of shale gas resources technically recoverable from 197 tcf of total shale gas in place. Annually, to put that into perspective, Ukraine is transit (or was until a few weeks ago) to 3 Tcf of Russian natural gas destined for Germany, Austria and other countries. Ukraine itself consumes some 1.8 Tcf annually of natural gas. So some shrewd Ukrainian businessmen along with the ever-politically engaged Royal Dutch Shell—the Dutch-UK energy giant, decided they would drill that shale and frack it like they are doing in Texas today. Here is where it gets really interesting.

Burisma Holdings

The Ukrainian company that has grabbed (literally) the lease rights to the lion’s share of Ukraine’s shale area is called Burisma Holdings. Burisma Holdings is Ukraine’s largest natural gas producer so that in itself is not that surprising. But wait. It gets smellier. Burisma Holdings is the company that raised eyebrows a few months ago when they announced they had hired the son of the US Vice President to handle their legal division and all international relations of the company. Hunter Biden was also given a seat on Burisma’s board of directors. [1]

What’s wrong with that, you ask? Is the father responsible for his adult son? Or could it be something uglier still. Was “Baby” Biden explicitly chosen as Billy Carter was chosen by the Libyan government, because he was the son of a powerful man in Washington and would be the link between Burisma Holdings and the Obama Administration? Here we can make an educated guess that the answer is yes.

Joe Biden and son Hunter Biden came under fire back in 2005 when Joe Biden was an influential Senator before becoming Vice President. MBNA, then the world’s largest private credit card issuer hired Baby Biden as the company’s Vice President. At the same time Senator Biden was then receiving his largest campaign contributions from MBNA and, conveniently for MBNA, was lobbying other Senators to pass bankruptcy reform legislation supported by MBNA. US media referred critically to Senator Biden at the time as the “Senator from MBNA.” [2]

Complete story at - BFP Exclusive-Stench of Corruption a Ukraine Oligarch Shale Gas Civil War & Baby BidenCC Photo Google Image Search Source is pbs twimg com  Subject is american nazi

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