The Islamic State Thread

$3m a day is pocket change when compared to $2 Billion. It's negligible. So you might as well say they don't need any funding.
I was well aware of the $3M a day - it was mentioned in the link I posted at #528.... but it's really irrelevant compared to the $2Bn.

Well yes and no, $3m a day = $2 Billion after ~2 years. Having a constant supply of money is also very important, you would assume $2 Billion would eventually run out if not for some constant revenue elsewhere. Besides the point remains there are people out there that are in fact funding ISIS and they aren't just acquiring their money through plundering alone.
 
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[video=youtube;jOaBNbdUbcA]https://www.youtube.com/watch?v=jOaBNbdUbcA&list=PLw613M86o5o7ELT6LKyJFKawB6gUsZSf7[/video]
 
Barrels are sold into the Turkish black market for around $30 a pop.

Yah, I'm reading articles on the oil trade now. Many reports, many answers to the same questions.

This is where they get the $3m a day:

http://abcnews.go.com/International/isis-makes-million-day-selling-oil-analysts/story?id=24814359

We asked Robin Mills, a Dubai-based energy analyst and author of "The Myth of the Oil Crisis," and Theodore Karasik, research director at Dubai-based think tank INEGMA, to weigh in on why oil fields have become so important to ISIS and how turning them into battlefields could disrupt energy production – as well as the jihadi group's cash flow.

...

Syria Deeply: How much does ISIS make from oil?

Karasik: Officials from the Iraqi oil industry have said that ISIS reaps $1 million per day in Iraq in oil profits and that if they get the Syrian fields in [areas where they're advancing], the total would be $100 million per month for both Iraq and Syria combined. They sell it for $30 a barrel because it's a black market. It's not pegged to international standards for oil prices, which are over $100 a barrel. The oil is bought through Turkey from Syria, and it's sold to black market traders who function throughout the Levant.

Mills: The $1 million a day figure is coming out of the Iraqi fields of which they have control. Iraq and Syria together could reach up to $3 million a day, so they're still getting more oil out of Syria [than Iraq]. Production is at 10 percent of pre-war levels – they're old, mature fields that need a lot of special technological work, and they're not getting it, so production is falling very sharply. We've seen from reports that ISIS controls most of the oil fields in eastern Syria and Deir Ezzor, right up to the northeast, where some are under Kurdish control.

So it is a combined total, other reports on the output suggests:

Snips

They are estimated to be selling 10,000 barrels per day (bpd), including earnings from the Kurdish Ayn Zala oil well in the Zumar area - Northern Iraq

“They sell (the equivalent of) roughly 40 tankers, or 10,000 barrels of oil, with net revenues of $12,000,” Khinsi said. “The customers are usually local Kurds and Arabs,” he added.

IS conquests include the Gayara oil fields, which reportedly can produce over 20,000 barrels a day and where total reserves are estimated at 2 billion barrels of oil. They also control refineries in Gayara.

According to Khinsi’s estimate, Ayn Zala has between 70 and 80 oil wells, with a total reserve of 4 billion barrels of oil.

In Salahaddin province, the militants control the Hajelan oil fields, with the capacity of producing 5,000 barrels bpd and total reserves of 1 billion barrels.

Then there is a report indicating that they made $800 million with one sale to Turkey.

In my opinion, they need to rely on the reserves, making ~$3m a day is going to bubble boom, plus as operations continue against ISIS these will be cut down by an accelerated rate.
 
SYRIA SAYS 1,000 IRAQI FAMILIES FLED OVER BORDER

Nearly 1,000 Iraqi families fleeing advances by the jihadist Islamic State group have taken refuge in the Syrian province of Hassakeh, the Syrian government said on Tuesday.

The UN agency for refugees, UNHCR, meanwhile, put the number of Iraqis who had fled to Syria at 10,000 to 15,000 people.

They arrived in Syria despite the raging civil war there that has ravaged the country since March 2011 and killed more than 170,000 people.

"Nearly 1,000 Iraqi families who fled the Sinjar mountains because of the terrorism of the Islamic State have been welcomed in schools in Al-Maliki in Hassakeh province," state news agency SANA quoted Syria's social affairs minister Kinda Shamat saying.

The news agency said 700 tents had also been set up in Ain al-Khadra in the same region of the northeastern province that borders Iraq, to cater for arriving refugees.

"We are committed to providing humanitarian aid to all the Syrian and Iraqi families affected by attacks by armed terrorist groups," Shamat added, saying the government has asked the World Food Programme to boost aid to the province.

Tens of thousands of members of the Yazidi minority in Iraq have fled the town of Sinjar in recent days after Islamic State fighters took the town.

Many have crossed into Syria and then back into safer areas of Iraq, where they have taken refuge in the semi-autonomous Kurdish region.

In a statement on Tuesday, UNHCR said 10,000 to 15,000 people fleeing Sinjar had arrived in Syria.

"Most are staying in the Newroz camp near Al-Qamishli (in Hassakeh province), run by local NGOs. Other refugees are scattered among various Yazidi villages in Qahtania or urban areas," they said.

The agency said it had provided aid to hundreds of families staying in three villages and a school as well as distributing tents and other relief to those at Newroz camp.

"Hundreds are sleeping in the open and more shelter and food aid is needed urgently," UNHCR spokesman Adrian Edwards said in the statement.

Many Iraqis displaced by the violence that ravaged their country after the 2003 US-led invasion sought shelter in Syria, and some 220,000 Syrians, mostly Kurds, have crossed into northern Iraq to escape the fighting in their country since 2011.


Source : Sapa-AFP /lk
Date : 12 Aug 2014 15:52
 
Don't they all, members of ISIS, Hamas...etc, have the same mental "disease"

Yep, the whole islamic califart is looney - too much pederasty and inbreeding. Anyone who has a brain and the slightest chance to leave has done so, leaving only the nutbuckets.
 
Yep, the whole islamic califart is looney - too much pederasty and inbreeding. Anyone who has a brain and the slightest chance to leave has done so, leaving only the nutbuckets.
This is definitely not an Islamic Caliphate, it is some nutjob seeking power and glory.
 
I was watching CNN this morning and the armed forces rescued some of the people off the sinjar mountain in the helicopter. they were dropping supplies off for the people and decided to lower the helicopter down and get some people on the helicopter. shame these poor people were scrambling to try and get on but as soon as the air craft was full they had to push some people back.
 
I was watching CNN this morning and the armed forces rescued some of the people off the sinjar mountain in the helicopter. they were dropping supplies off for the people and decided to lower the helicopter down and get some people on the helicopter. shame these poor people were scrambling to try and get on but as soon as the air craft was full they had to push some people back.

Sad!
 
The world is going nuts, the further we move from the devastation of World War2, the less of the old timers that remain to remind us of the pain from that war.....the more we are bound to repeat it all over again.... so much for civilized humans....
 
Yep, the whole islamic califart is looney - too much pederasty and inbreeding. Anyone who has a brain and the slightest chance to leave has done so, leaving only the nutbuckets.

Watching some of those Vice videos... it is shocking to see the fear in the people's eyes. The leaders are crazy yes... driven mad by religious delusion. But the people on the ground are paralysed and cowing in fear.
 
So strange that so many wanted the US out of Iraq and now cry wolf because the locals cannot see eye to eye!

IMHO what is happening now is a huge turnaround in world politics, Arabs muslims standing up and working together to fight the new threat in the name of ISIS, Thus Muslims fighting Muslim extremist terrorists.
 
So strange that so many wanted the US out of Iraq and now cry wolf because the locals cannot see eye to eye!

IMHO what is happening now is a huge turnaround in world politics, Arabs muslims standing up and working together to fight the new threat in the name of ISIS, Thus Muslims fighting Muslim extremist terrorists.

The US should not have been there in the first place.......
 
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