Connect with us

Hi, what are you looking for?

News

Biden Is Named in 2017 Email Discussing Multi-Million Dollar Gas Deal with China

Joe Biden was named in an email found on Hunter Biden’s laptop discussing a 25 million-ton gas deal with China, DailyMail.com repored.

In October 2017, Hunter and his uncle –Joe’s brother Jim Biden – were brokering a multi-million dollar deal to supply gas from Louisiana to the country on behalf of their business partners, Chinese energy giant CEFC.

At the time Joe Biden had finished his term as vice president and had yet to announce any plans to run for president in 2020.

A Louisiana-based lawyer on the other side of the deal wrote in an October 27, 2017 email that he had arranged ‘a call from Joe Biden and Hunter Biden on Monday morning to discuss the purchase of the 5 million tons of gas.’

While it’s possible the Baton Rouge lawyer, Robert Fenet, mistyped ‘Joe’ instead of ‘Jim,’ other emails and whistleblower testimony suggest Joe was involved in Hunter’s business dealings with the Chinese.

The White House did not respond to DailyMail’s requests for comment.

In emails with Fenet, Jim emphasized the Biden family’s involvement in the project.

‘We Biden’s often fraught with problems, that they can can [sic] come from working with family members, are of a different mind. It’s all about family, and people we choose to do business with,’ he wrote to Fenet on October 19 that year.

The call Fenet was setting up for the Biden family was with Cherniere, a Texas energy company whose executives have close links to Joe Biden.

The president hired former Cherniere board member Heather Zichal as his campaign climate adviser in 2020, and former Cheniere lobbyist and vice president Ankit Desai was Joe’s political director in 2005.

Fenet laid out one proposal for his liquid natural gas (LNG) deal with the Bidens and their Chinese partners in an email on October 20, 2017.

‘The Ashton Fenet and Sons Construction Company, Inc. will, in a joint venture with a Louisiana company, provide a 25 year natural gas-LNG supply to your group,’ he wrote.

‘We can begin supplying LNG in 2018 at the rate of three, four, five, or six million metric tons of LNG on a five year basis. From year five until year twenty-five, we will have the capacity to supply 13 million metric tons per annum of LNG to the Port in China. (To Be Decided)

‘If your client will purchase a twenty-five year stream of LNG, I can build the plant for $12 billion dollars.’

The following month Hunter wrote a letter addressed to CEFC Chairman Ye Jianming, saying that the deal would provide ‘large quantities of LNG at very competitive rates while also advancing the long term goals of CEFC through a partnership or acquisition of a promising LNG terminal project in Louisiana.’

The First Son added that he was ‘making inquiries regarding arranging a meeting for you with the Chairman of Cheniere.’

That month, ​​Cherniere signed a long-term deal with another Chinese energy firm, China National Petroleum Corp, to supply gas to China, during then-president Donald Trump’s state visit to the country.

Hunter and Jim’s venture with CEFC eventually collapsed after Ye and his right hand man Patrick Ho were arrested for bribery and corruption offenses – though not before they poured over $10million into their joint venture with the Bidens.

Read the full article.

TOP STORIES

Advertisement