Company In Which Joe Biden's Son Is Director Prepares To Drill Shale Gas In East Ukraine

*** - fundraising STATUS - Our deficit now is $225 needed by the first of the mo to keep us on the net. If you feel you can afford it and wish to donate, please use the pay pal button off to the right of the blog. Your work has made Vatic Project distribution awesome.  We are now in many many overseas countries, so lets keep it going.  The powers that be are trying to stop our work, by removing our fund raising appeal after we schedule the blog and my guy has had my computer for 3 days so I wasn not able to put t hem back up due to lack of time allowed at the library where I did my other blogs.   So please, donate since we are getting close to end time here.  Just 5 days left till the first.  Thanks, we appreciate you all.

Have faith, then belief, then know that this will eventually work out much better for all of us! (smile)....and that the evil ones will be clearly evident and thus, eventually be gone for good.  Saying it will make it so. Its already happened in Iceland, Ireland, Argentina, Hungary, and now these countries are at various stages of recovery.


Vatic Note:  Well,  the separation of private industry and government is becoming more and more blurred.  Fascism has arrived and is doing well.   The cost has been genocide, torture and all the morality and principles we have always believed in and stood for.   Now they are gone.  Its time to draw our line in the sand, and the question is,  will it be at genocide?  No?   Then where?   I hope someone will answer that for me, since I have been researching and distributing this work for more than 12 years now.   Has it all been in vain?  Is it time for us to quit?   Have the American people made up their minds and we are seeing the results of that?

We have had the blog for 4 years in March this year,  with the serious intent to wake up as much of the world as we can to what is going on.  Now I understand why so many Americans are packing and leaving the country.  At first I thought it was due to fear and thus, running away, but now I think its due to a complete lack of caring.  The social engineering of our society has actually been successful.

What will we do when we are next?   Ignore it until its our family and friends?  Too late then.  What they have done in the Ukraine proves to me that fascist corporations, energy companies, bankers, drug companies, use our government to obtain their respective agendas and we are dispensable fodder for their wars and agendas.  I am so disgusted.   

Company In Which Joe Biden's Son Is Director Prepares To Drill Shale Gas In East Ukraine
http://www.zerohedge.com/news/2014-07-25/company-which-joe-bidens-son-director-prepares-drill-shale-gas-east-ukraine
by Submitted by Tyler Durden, Zero Hedge,  on 07/25/2014

Recall what we said earlier today: the proxy Ukraine war just like that in Syria preceding it, "is all about energy."

Recall also the following chart showing Ukraine's shale gas deposits, keeping in mind that the Dnieper-Donets basin which lies in the hotly contested eastern part of the nation and where as everyone knows by now a bloody civil war is raging, is the major oil and gas producing region of Ukraine accounting for approximately 90 per cent of Ukrainian production and according to EIA may have 42 tcf of shale gas resources technically recoverable from 197 tcf of risked shale gas in place.  (VN:  Does that mean "fracking" will be needed?  I just found out below, that is exactly what it means.  That part of the Ukraine is the only place is the world left that allows fracking with no restrictions, which makes it a valuable resource. )



Finally, recall our story from May that Joe Biden's son, Hunter, just joined the board of the largest Ukraine gas producer Burisma Holdings. From the press release:

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: “Burisma’s 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.”

R. Hunter Biden is also a well-known public figure. He is chairman of the Board of the World Food Programme U.S.A., together with the world’s largest humanitarian organization, the United Nations World Food Programme. In this capacity he offers assistance to the poor in developing countries, fighting hunger and poverty, and helping to provide food and education to 300 million malnourished children around the world.  (VN:  aren't they all just wonderful, humanitarian except when it comes to oil and gas.  Gee, what a shame.)

Company Background:
Burisma Holdings is a privately owned oil and gas company with assets in Ukraine and operating in the energy market since 2002. To date, the company holds a portfolio with permits to develop fields in the Dnieper-Donets, the Carpathian and the Azov-Kuban basins. In 2013, the daily gas production grew steadily and at year-end amounted to 11.6 thousand BOE (barrels of oil equivalent – incl. gas, condensate and crude oil), or 1.8 million m3 of natural gas. The company sells these volumes in the domestic market through traders, as well as directly to final consumers.

Now put it all together and what happens next should be rather clear.
* * *
Still confused? It's very simple, really.

In a nutshell Ukraine (or rather its puppetmasters) has decided to let no crisis (staged or otherwise) or rather civil war, go to waste, and while the fighting rages all around, Ukrainian troopers are helping to install shale gas production equipment near the east Ukrainian town of Slavyansk, which was bombed and shelled for the three preceding months, according to local residents cited by Itar Tass. The reason for the scramble? Under peacetime, the process was expected to take many years, during which Europe would be under the energy dictatorship of Putin. But throw in some civil war and few will notice let alone care that a process which was expected to take nearly a decade if not longer while dealing with broad popular objections to fracking, may instead be completed in months!

“Civilians protected by Ukrainian army are getting ready to install drilling rigs. More equipment is being brought in,” they said, adding that the military are encircling the future extraction area.

The people of Slavyansk, which is located in the heart of the Yzovka shale gas field, staged numerous protest actions in the past against its development. They even wanted to call in a referendum on that subject.

Environmentalists are particularly concerned with the consequences of hydrofracking, a method used for shale gas extraction, because it implies the use of extremely toxic chemical agents which can poison not only subsoil waters but also the atmosphere. Experts claim that not a single country in the world has invented a method of utilization of harmful toxic agents in the process of development of shale gas deposits.

Countries like the Czech Republic, the Netherlands and France have given up plans to develop shale gas deposits in their territories.

Not only them but also all-important Germany, which two weeks ago announced it would halt shale-gas drilling for the next seven years over groundwater pollution concerns.  (VN: so then why did Germany support the EU's encouragement of western take over of that part of the Ukraine? Its in someone elses back yard, so they don't care if they get poisoned?  Something stinks here. )

Which clearly makes Ukraine, potentially the last place with massive shale gas deposits and no drilling ban, quite valuable to those who want to develop a major source of shale gas, one which reduces Europe's reliance on Russian gas even more, yet one whose future depends on one simple question: who controls East Ukraine? 

Because what better way to accelerate "next steps" than to start drilling for gas in the middle of the Donetsk republic as a civil war is waging in all directions, and where public mood has shifted decidedly against the local "separatists" in the aftermath of the MH-17 tragedy.

The punchline: who will develop the gas field in conjunction with Shell (jointly owned by the Netherlands and the UK: the two countries that loathe Putin the most in the aftermath of the MH-17 disaster) which in May 2012 announced a tender for the right to develop the Yuzovka shale gas deposit?  (VN:  Aaah, Bilderbergs control Netherlands, and its the center for globalization, and the UK is run by Rothschild and Israel.  Gee, what a surprise.  NOT!!!!)

Burisma, Ukraine’s oil and gas production holdings, also has the right to develop the shale gas fields in the Dnieper-Donetsk basin of Eastern Ukraine. The same Burisma where R. Hunter Biden, Joseph's son, was appointed a director two months ago.

---

The article is reproduced in accordance with Section 107 of title 17 of the Copyright Law of the United States relating to fair-use and is for the purposes of criticism, comment, news reporting, teaching, scholarship, and research.