Iraqi Oil in Turkey-ISIS-Israel Transit to Europe

Report says ISIS has extended oil production in oil fields in Iraq and Syria and are exporting around the clock.

Courtesy: osnetdaily.com

(SALEM, Ore.) - The London-published Al-Araby Al-Jadeed newspaper has provided information about sales of Iraqi oil to Turkey and Israel through ISIS, in a report provided by an Iraqi intelligence colonel.

Alwaie News quoted Vladimir Putin, the Russian President, saying ISIS is funded by 40 countries including some 20G member states, emphasizing that the world is again looking at ISIS' largest revenue source: selling Iraqi and Syrian oil.

In its report, Al Arabiya newspaper noted that this information has been provided by the Iraqi Kurdistan regional government, security officials and the personnel who operate the Ibrahim Khalil border located on the border of Turkey with Kurdistan, as well as oil firms buying ISIS oil.

According to this report, ISIS has extended oil production in oil fields in Iraq and Syria around the clock,and tankers transfer a part of the oil of these areas to the city of "Zakho" located 88 kilometers east of Mosul, and sell to the highest bids.

In these deals buyers usually pay 10 to 25 percent of the oil money in cash and the rest is paid upon delivery in Turkey. In this location tanker drivers leave their tankers to other drivers who can pass through to Turkey and return to ISIS areas with empty tankers.

Oil bought from ISIS is sent to Turkey as the oil bought from Iraq and after arriving in Turkey, is emptied in silos, and in coordination with the Turkish Intelligence Service (MIT), sold at cheap prices on Mediterranean shores to European and Israeli consumers as northern Iraq oil.

Three exporting companies transfer ISIS oil from Mersin, Dortyol and Cihan ports to Ashdod port in occupied Palestine.

Given the number of oil tankers traveling daily from Iraq to Turkey, it seems that ISIS produces about 55 to 60 thousand oil barrels per day and sells for the price of $15-$13 dollars per barrel.

According to a report from Greenwich University, there is a significant relationship between ISIS military gains and its oil exports through Turkey ports.

According to the Israel international oil company, officials working with Turkish companies say they sell every ISIS oil barrel for $30-$35 dollars to European countries. This Israeli authority claims "If there was no Israel, most ISIS oil remained in Syria, Iraq and Turkey."