Hunter Biden briefed Chinese energy investors on American natural gas production and sales shortly after a state-run energy corporation entered into a memorandum of understanding with the state of West Virginia.
The Chinese Energy Investment Corp. signed a memorandum of understanding with the state of West Virginia in November 2017, which allowed the two sides to enter negotiations to develop shale gas fields. One month later, Biden offered a presentation to Chinese investors discussing various American shale formations that would be profitable investment opportunities. Biden was receiving payments from CEFC China Energy at the time of the presentation, obtained by the Daily Caller from his laptop, although the presentation does not specify which firm received it.
Biden named the presentation “Natural Gas [CH]_Mervyn Slides_v9_12.12.17,” suggesting a connection to Mervyn Yan, a CEFC official named in a Washington Post report. Yan reportedly helped wire money to Hunter and James Biden, President Joe Biden’s brother who also participated in the business venture.
In the presentation, Biden flagged several major energy fields for potential investment, including Texas’ Permian Basin field, Arkansas’ Fayetteville field and West Virginia’s Marcellus Shale formation. Notes on one slide suggest that Biden believed the maps he provided for the presentation were incomplete, particularly in west Texas, although they do not offer recommendations for future investment.
See the presentation here:
https://dailycaller.com/2022/04/13/hunter-...
Posted By: Steve Williams
Friday, November 18th 2022 at 4:34AM
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