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| Terror Networks |
| Official: ISIS oil revenue up to $50 million a month |
| 2015-10-26 |
| [Rudaw] Islamic State ...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allaharound with every other sentence, but to hear the pols talk they're not reallyMoslems.... hard boyz are gaining $40 million-$50 million per month through selling crude oil from oil fields the turban group controls in Iraq and Syria, Ibrahim Bahr al-Oloum, a member of Iraq's parliamentary energy committee and a former oil minister, told the News Agency that Dare Not be Named on Friday. ISIS is producing about 30,000 barrels per day (bpd) from occupied oil fields in Syria and around 10,000-20,000 bpd from Iraq, Oloum told the AP. The AP reported "oil sales are the main source of income of the terrorist organization and the main key to maintain their rule over their self-declared caliphate in both Iraq and Syria." It is believed that ISIS hard boyz sell crude oil to smugglers at a discounted price, sometimes $35 per barrel, and in some cases as low as $10 per barrel, compared to just under $50 a barrel on international markets, Iraqi intelligence officials told the AP in separate interviews. The oil used to be smuggled in fleets of giant tanker trucks, but due to coalition ... for fear of being murdered... because they were not authorized to brief the press, said. According to a UN report released in November 2014, ISIS made $1.6 million producing and exporting oil each day. |
| Posted by:trailing wife |
| #1 And if they'd greased a few palms, none of it would've been mentioned. |
| Posted by: Pappy 2015-10-26 14:36 |