Israel the Main Broker of Oil Stolen By Daesh in Iraq and Syria ~ [Reports]

Monday 7 December 2015

Israel the Main Broker of Oil Stolen By Daesh in Iraq and Syria ~ [Reports]

Multiple reports claim that Israel is thetop purchaser of smuggled ISIS oil

(Russia Insider) ~ Citing multiple sources, the Israeli business press are now reporting that Israel is the main recipient of ISIS oil:

Kurdish and Turkish smugglers are transporting oil from ISIS controlled territory in Syria and Iraq and selling it to Israel, according to several reports in the Arab and Russian media. An estimated 20,000-40,000 barrels of oil are produced daily in ISIS controlled territory generating $1-1.5 million daily profit for the terrorist organization.

The oil is extracted from Dir A-Zur in Syria and two fields in Iraq and transported to the Kurdish city of Zakhu in a triangle of land near the borders of Syria, Iraq and Turkey.

Israeli and Turkish mediators come to the city and when prices are agreed, the oil is smuggled to the Turkish city of Silop marked as originating from Kurdish regions of Iraq and sold for $15-18 per barrel (WTI and Brent Crude currently sell for $41 and $45 per barrel) to the Israeli mediator, a man in his 50s with dual Greek-Israeli citizenship known as Dr. Farid. He transports the oil via several Turkish ports and then onto other ports, with Israel among the main destinations.

In August, the “Financial Times” reported that Israel obtained 75% of its oil supplies from Iraqi Kurdistan. More than a third of such exports go through the port of Ceyhan, which the FT describe as a “potential gateway for ISIS-smuggled crude.”

It’s been well-established that Turkey is a major transportation hub for ISIS oil smuggling operations. But where is the oil sent? Someone has to buy it. The answer, apparently, is: Israel.

Al-Araby published an extensive investigation which lays out in detail how oil is transported from ISIS-controlled wells to Israel via Turkey.

RELATED EXCERPTS from AL-ARABY:

Raqqa’s Rockefellers:
How Islamic State oil flows to Israel

“…Oil produced by the Islamic State group finances its bloodlust…

…But how is it extracted, transported and sold?
Who is buying it, and how does it reach Israel?…

…The black gold is extracted, transported and sold, providing the armed group with a vital financial lifeline…

…But who buys it? Who finances the murderous brutality that has taken over swathes of Iraq and Syria? How does it get from the ground to the petrol tank, and who profits along the way?…

…All around IS-controlled oil fields in northern Iraq and eastern Syria, there are signs that read: “Photography is strictly forbidden – violators risk their safety.” They have been signed in the name of the IS (DAESH-ISIS) group…

…The companies compete to buy the smuggled oil and then transfer it to Israel through the Turkish ports of Mersin, Dortyol and Ceyhan…

…According to a European official at an international oil company … the oil is sold within a day or two to a number of private companies, while the majority goes to an Italian refinery owned by one of the largest shareholders in an Italian football club [name removed] where the oil is refined and used locally…

…Israel has in one way or another become the main marketer of IS oil. Without them, most IS-produced oil would have remained going between Iraq, Syria and Turkey. Even the three companies would not receive the oil if they did not have a buyer in Israel…”…

…the full report available at Al-Araby…

Excerpt from:

“Fuels for Global Energy Markets”

The Strategic Advisory Board of Genie Oil and Gas advises management on strategic, financial, operational and public policy matters.

Michael Steinhardt (SAB Chairman)
Noted Wall Street investor and Principal Manager, Steinhardt Management LLC. Founder Steinhardt, Fine, Berkowitz & Co., and noted philanthropist.
Richard Cheney
46th Vice President of the United States. Vice President Cheney also served as President and CEO of Halliburton Company and U.S. Secretary of Defense from 1989 to 1993.
Marry Landrieu
United States Senator from Louisiana from 1996 to 2014. Senator Landrieu served as chair of the Senate Committee on Energy and Natural Resources. In her capacity as chair, she sponsored and passed the U.S.-Israel Energy Cooperation Bill. The bill fosters partnerships focused on developing resources such as natural gas and alternative fuels, on the academic, business and governmental levels.
Rupert Murdoch
Founder and Executive Chairman of News Corporation, one of the world’s largest diversified media companies. News Corporation’s holdings include Fox Entertainment, Dow Jones and Company, the New York Post, HarperCollins and significant media assets on six continents.
Bill Richardson
Governor of New Mexico from 2003 to 2011. Mr. Richardson has served asU.S. Ambassador to the United Nations (1997-1998), Energy Secretary in the Clinton administration (1998-2001), Chairman of the 2004 Democratic National Convention, and as Chairman of the Democratic Governors Association.
Jacob Rothschild, OM, GBE
Chairman of the J. Rothschild group of companies and of RIT Capital Partners plc. Chairman of Five Arrows Limited. Lord Rothschold is a noted philanthropist and Chairman of the Rothschild Foundation.
Dr. Lawrence Summers
Charles W. Eliot University Professor and President Emeritus at Harvard University. Dr. Summers served as the 71st Secretary of the Treasury under President Clinton and as Director of the National Economic Council for President Obama.
R. James Woolsey
Director of Central Intelligence from 1993 to 1995 and as Under Secretary of the Navy from 1977 to 1979. Mr. Woolsey is co-founder of the United States Energy Security Council and is Chairman of the Foundation for Defense of Democracies.

SOURCES:
Russia-Insider
Globes
Al-Araby
Submitted by SyrianPatriots 
War Press Info Network at:
https://syrianfreepress.wordpress.com/2015/12/06/israel-daesh-oil/
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