"Caliphate State" is moving to shift to an economic giant has been buying shares in the "NYMEX"

[yota691]

"Caliphate State" is moving to shift to an economic giant has been buying shares in the "NYMEX"

 

01-08-2014 10:00 AM

 

Free -

Captured militants 'Islamic state', known as Daash four oilfields small when invaded northern Iraq last month and are now selling crude oil and gasoline to finance the 'Caliphate State' new. near the northern city of Mosul seized control over the fields Star Qayyarah and to the south near Tikrit, dominated fighters also fields Hamrin and Ajil during their attack that overran the northern Iraq over two days in mid-June last year. , and the oil fields dominated by the organization Daash modest when compared to the oil fields of Iraq giant near Kirkuk and Basra, which is under the control of the Kurds and the federal government, respectively. , and most fields oil located in territory controlled by Daash closed and is not pumping oil which is estimated Turkish official that the roughly 80 fields. , but the monopoly of fuel in those areas seized by the organization gives him an advantage over the Sunni factions other armed that may pose a threat to the dominance of things in northern Iraq . Iraqi officials say, according to the report, told Reuters that the group Daash quoted oil from Qayyarah in recent weeks for refining in mobile units in Syria to produce diesel and gasoline low quality and then return the products to be sold in Mosul, which has a population of two million people. officials added that larger quantities of crude oil Some of the field star also sold by smugglers to traders Turks at extremely discounted prices of around $ 25 per barrel. said Hesham Albraivkane chairman of the energy committee of the local council of the city of Mosul, 'We have confirmed reports showing that the Islamic state shipped crude oil from the field star oil in Mosul Syria to smuggle him into one of the neighboring countries of Syria. ' added 'Islamic state made ​​profits in millions of dollars with this illegal trade. " said the owner of a petrol station in Mosul, the petrol stations in the city now sells fuel, which contends its dealers working with the organization Daash who earns dollars or dollar and a half a liter depending on the quality of fuel a significant increase from the rates that were in effect before. added 'fuel is transferred from Syria ... and the price is three times the previous price, but the drivers buy it because of the stoppage of fuel which is backed by the government.'said Albraivkane The group Daash is the only party responsible for imports from Syria, where control of the fields in the province of Deir ez-Zor. He continued, 'used by him to their vehicles and sell the rest to tradesmen in Mosul'. was company Sonangol state-owned Angola administer field star and Qayyarah but withdrew in the last year based on force majeure with high development costs and security concerns because of the militants in the region. was Qayara an estimated reserves approximately 800 million barrels produced 7,000 barrels per day of heavy crude before it seizes organization Daash him and refinery close to its 16-thousand barrels a day. stopped refinery Qayyarah and refinery nearby in Cossack northwest of Mosul, working after that fled their staff. , but oil remained flows from Qayara himself after being asked militants from Iraqi employees to stay in their positions and promised to protect them, as they did in most oil facilities in order to maintain production. pointed Iraqi official as an example to the battle for control of the Baiji refinery in the north, which is the largest oil refineries in Iraq Daash gunmen as he tries to control and others on the site since mid-June without causing any damage to facilities. said an engineer who works in Qayyarah, speaking on condition of anonymity for fear of reprisals from the organization Daash 'keen to maintain the safety of energy facilities within the Qayyarah. We did not realize why did not destroy installations. But a week after they began filling the truck ore Qayyarah. They were planning from the beginning to profit from the field. " said Iraqi government sources it is difficult to estimate the size of the funds generated by the organization from the sale of crude oil or refined products in Syria, because the number of trucks varies from day to day.said a trader and owner of shipping company in Mosul, he buys 250 barrels of crude oil from hard-liners in the amount of six thousand dollars. added 'The next step depends on the cleverness in dealing with traders Turks.' and as another source of income imposes regulation Daash taxes on all vehicles and trucks transporting goods to Mosul by $ 400 to truck large and $ 100 for the truck and small 50 dollars for passenger cars if carrying cargo. said Ahmed Younis, an Iraqi expert in armed groups that the Islamists residing state economic based on increased resources and infrastructure available to them. added that, given the extension of 'Islamic state' across the Iraqi-Syrian border and control of the oil fields and the increased economic activity they 'will be transformed into an economic giant has assets worth billions of dollars. " said Younis' in the future, you will buy shares in the NYMEX? Everything is possible. ' to the south controlled militants Daash two fields other east of Tikrit, Saddam Hussein's hometown. , one a field Ajil produce 25 thousand barrels per day of crude oil was transported to the refinery of Kirkuk and 150 million cubic feet of gas per day pumping station Kirkuk Electricity controlled by the government. still being pumped gas despite the drop in the volume of daily production to 100 million cubic feet and explains energy experts so that the power station Kirkuk provide many cities in the region with electricity and because the militants want to shy away from an energy crisis.said an engineer at the site said the militants transferred amounts Only a small oil from Ajil because of concerns that lead extraction methods primitive to flammable gas. the field the other seized by Daash it Hamrin field, which range from a capacity of between five thousand and six thousand barrels per day from five oil wells operating. said an employee at the Ministry of Oil works in the field 'Bring militants technicians from outside Tikrit to deal with raw Hamrin and started digging holes and withdrew from oil wells using pumps irrigation small'. said Iraqi security official said 'trucks used to smuggle crude oil from Ajil and Hamrin to the Kurdistan Region and Iran. " but added The Iraqi national security forces as well as the Peshmerga forces began working to stop this trade on July 12 this year.The army used helicopters to bomb trucks flying east of Tikrit, while the Kurdish security forces seized a truck carrying oil smuggled through the territory under their control. said Sabah Nouri, spokesman for counterterrorism forces' were able to destroy more than 50 trucks from July 12. Our strikes helicopter impacted the smuggling operation severely cut off a vital source of funding terrorists. ' and as much as adviser at the Ministry of Oil that group Daash has about ten million dollars by nearly a million dollars a day in the first two weeks of July before stopping the process. said the mayor of Tuz Khurmatu located on the road between Tikrit and the Kurdistan Region and Iran, the route of smuggling closed ten days ago. added 'before that was between 30 and 60 trucks enter the Kurdish region, but now we can say that the number zero.'

 

[RicknSaudi]

I call BS. Who would legitimize this one horse outfit by actually buying commodities from them.

[yota691]

I call BS. Who would legitimize this one horse outfit by actually buying commodities from them.

well it not BS....Security Council to prevent the conclusion of oil deals with insurgents in Iraq and Syria

New York - Iraq Press -28 July: UN Security Council adopted on Monday a Russian initiative, of not holding passport oil deals with armed organizations in Syria and Iraq.

 

 

And promised to document any transaction of this kind, "illegal", warning that "the participants in such transactions of sanctions."

 

The Security Council expressed concern about the "takeover extremist groups, including the Islamic state and the Front victory, fields and oil pipelines in Syria and Iraq," explaining that "oil trade profits help to carry out acts of violence."

 

The statement that "The Security Council reaffirms its commitment to the sovereignty, independence and territorial integrity of Syria and Iraq, and condemning any involvement directly or indirectly in oil deals in Iraq and Syria, which are involved with the militants."

 

The Security Council called on all countries to "ensure that citizens do not participate in this illegal activity, and if his presence to inform the Security Council that" ended (1)

 

http://www.iraqpress...p=78873〈=ar

Read more: http://dinarvets.com/forums/index.php?/topic/183290-security-council-to-prevent-the-conclusion-of-oil-deals-with-insurgents-in-iraq-and-syria/#ixzz398Y403dP

[sandfly]

THANKS

[yota691]

one more...

EXPERTS ESTIMATE ISIS IS MAKING UP TO $3 MILLION A DAY SELLING OIL FROM CAPTURED FIELDS

[uncirculd]

I call BS. Who would legitimize this one horse outfit by actually buying commodities from them.

I hear ya.  They are sunnis so it ain't Iran and Syria, and Saudi has plenty of it's own oil.  This is undermining OPEC.  The only ones crooked enough to buy it would be the US and France.  So, maybe that secret tanker that showed up on the US shores owned by billionaire from Ukraine has something to do with it.  It's all suspicious to me.

 

So we see that the nut job maliki has no army to protect the country and these guys just come in and take over?  What the heck is that about.  This is why they need a government and NOW.  They need an army, and we know good and well once they have one they will be asking for our help, but I believe congress voted it down not to let any troops into Iraq.  Gonna be be a very interesting ME these next few months.

Edited August 1, 2014 by uncirculd