Who are IS selling the oil to? 'we' are bombing the oil fields apparently, because they're making 2 million squid a day. But who are they selling it to?
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bombing the oil fields
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I was wondering that.Originally posted by SpontaneousOrder View PostWho are IS selling the oil to? 'we' are bombing the oil fields apparently, because they're making 2 million squid a day. But who are they selling it to?
Also, aren't they concerned about the environmental damage they are doing? -
According to the BBC
"Oil is sold to local merchants, or to middlemen who smuggle it into Iraqi Kurdistan or over borders with Turkey, Iran and Jordan, and then sell to traders in a grey market; oil is also sold to the Syrian government.
Seizures of smuggled fuel in Turkey rose from 35,260 tons in 2011 to more than 50,000 tons in the first six months of 2014, before the Turkish authorities began to crack down on illegal trade."Comment
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Ah, yeah. I'd thought of them as literally selling oil. I guess they have control of refineries too.Originally posted by oracleslave View PostAccording to the BBC
"Oil is sold to local merchants, or to middlemen who smuggle it into Iraqi Kurdistan or over borders with Turkey, Iran and Jordan, and then sell to traders in a grey market; oil is also sold to the Syrian government.
Seizures of smuggled fuel in Turkey rose from 35,260 tons in 2011 to more than 50,000 tons in the first six months of 2014, before the Turkish authorities began to crack down on illegal trade."
Selling crude seems a bit of a logistical slog to make that much cash. Maybe i'm underestimating how much of it they can shift in small amounts.Comment
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