Antifracking: the Russian connection
Jan 28, 2015
Bishop Hill in Energy: gas, Foreign

Via Instapundit comes an article from the Washington Free Beacon which reports that money is being funnelled to anti-fracking activists by a mysterious company in Bermuda with links to the Russian oil business:

A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.

One of those executives, Nicholas Hoskins, is a director at a hedge fund management firm that has invested heavily in Russian oil and gas. He is also senior counsel at the Bermudan law firm Wakefield Quin and the vice president of a London-based investment firm whose president until recently chaired the board of the state-owned Russian oil company Rosneft.

The findings are based on a report by the US Environmental Policy Alliance. I don't think a fire has been found yet, but the quantities of smoke are prodigious.

Update on Jan 28, 2015 by Registered CommenterBishop Hill

A little Googling shows that Hans-Joerg Rudloff, the chairman of Marcuard, a UK company named in the report, is a former director of Barclays Capital and a close associate of Suleiman Kerimov, who is a significant shareholder in Gazprom.

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