— The Erimtan Angle —

‘The West looks to ramp up shale gas production in the eastern Ukraine, and as a bonus, U.S. Vice President Joe Biden’s son Hunter has been named leader in Ukrainian gas company Burisma, as explained by Dr Michael Hudson, Research Professor of Economics at the University of Missouri, Kansas City (4 August 2014)’.

‘Burisma first pursued an opportunity in natural gas and oil exploration with the commencement of drilling in 2002. In 2004, it acquired its first special permits giving rights to develop natural gas, condensate and oil in Ukraine – with a particular focus on natural gas production. Since then, the Company has actively grown both organically and through a series of acquisitions’.[1] Joe’s son, the Burisma Holdings’ newest Board Member Hunter Biden explains that “Burisma’s track record of innovation 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”.[2]  

 

[1] “History of our Group” Burisma. http://burisma.com/company/history-of-our-group/.

[2] “Burisma Holdings’ Board Member Hunter Biden outlines his mission for the Company”. Burisma. http://burisma.com/hunter-biden-joins-the-team-of-burisma-holdings/.

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