VP Biden's son joins Ukrainian gas company's board
May. 13, 2014
WASHINGTON (AP) — Vice President Joe Biden's youngest son, Hunter Biden, is joining the board of a gas company operating in Ukraine.
That's according to Burisma Holdings. The company says Biden will head the company's legal unit and seek support for Burisma among international organizations.
The announcement comes as Ukraine is looking to decrease its reliance on Russian energy. Western countries believe Russia would have less leverage in the crisis with Ukraine if Europe was less dependent on Russian gas.
Burisma says it's the largest private gas producer in Ukraine, but a state-owned company controls most gas production there.
Securities and Exchange Commission records show Burisma is based in Cyprus. The vice president will visit Cyprus next week and has been a key player in the U.S. response to the Ukraine crisis.