29 Mar 2024
Thursday 25 September 2014 - 13:53
Story Code : 118399

Islamic State oil refineries in Syria hit in airstrikes

Islamic State oil refineries in Syria hit in airstrikes
U.S. and Arab warplanes attacked oil refineries in easternSyriacontrolled by Islamic State to undercut the extremist Sunni groups revenue and impede its mobility, the Pentagon said.
As the U.K. prepared for a parliamentary vote tomorrow to authorize joining the broadest Arab-U.S. military coalition since the 1991Gulf War, aircraft and drones operated by the U.S.,Saudi Arabiaand theUnited Arab Emiratesattacked 12 modular refineries Islamic State uses in its oil-smuggling operations, U.S. Central Command said in an e-mailed statement. They also hit Islamic State headquarters, a camp, and other targets in Syria, killing at least 14 fighters, the Syrian Observatory forHuman Rightssaid on its Facebook page.

These small-scale refineries provided fuel to run ISIL operations, money to finance their continued attacks throughoutIraqand Syria and an economic asset to support their future operations, the command said in the statement, using an acronym for another name for the militant group.

Islamic State may have been raising more than $2 million a day from oil sales in Iraq and Syria, paid either in cash or bartered goods, according to Luay al-Khatteeb, a visiting fellow at theBrookings Institutions Doha Center in Qatar.

While thats not enough oil to affect world markets, illicit oil sales at discounted prices are a substantial source of revenue for Islamic State, along with income from extortion, ransom and taxes in areas it controls, according to U.S. intelligence officials and anti-terrorism finance experts.
Opening Offensive
The militant group, which has declared an Islamic caliphate across a swath of northern Iraq and eastern Syria, controls sevenoil fieldsand two refineries in northern Iraq, and six out of 10 oil fields in eastern Syria, al-Khatteeb said.

The new attack on oil refineries expands the target list of the multinational air offensive in Syria, which has already hit Islamic State training compounds, headquarters, command and control centers, storage facilities, supply trucks and armed vehicles, according to Central Command.

Fighter jets, bombers, Tomahawk missiles and drones were used to conduct 33 strikes across Syria through yesterday to contain and weaken the militant group, mostly near its stronghold city of Raqqa and along the Iraqi border.
Militants Killed
Strikes in Der-Ezor province in Syrias east killed 14 fighters and wounded more, the U.K.-based Syrian rights observatory said. Five civilians died in the northeastern Al-Hasakah province, it said. The group documents Syrias civil war through information from a network of activists.

The Syrian Islamist group Ahrar al-Sham called for members to evacuate training camps and other sites, SOHR said. The Islamist group, which has been joined by some al-Qaeda militants in its fight against Syrian leader Bashar al-Assad and isnt part of Islamic State, also said its fighters should stop using satellite and wireless communication unless necessary and to move, hide and disguise heavy weapons, the observatory reported.

Kurdish forces of the Democratic Union Party also killed at least 19 Islamic State militants around Kobane, near Syrias northern frontier withTurkey, Firat News Agency reported today.
Widening Coalition
Turkish President Tayyip Erdogan, whos been cautious about joining the battle in neighboring Iraq and Syria, will discuss new steps with U.S. Vice PresidentJoe Bidentoday, Hurriyet newspaper reported.

The only Muslim state in the North Atlantic Treaty Organization, Turkey has seen a flood of refugees, with more more than 130,000 Kurds entering from Syria after Islamic State fighters seized dozens of villages near the border.

After securing the release of 46 Turks from Islamic State on Sept. 19, Erdogans government will discuss the use of Incirlik air base in the countrys southeast, as well as the formation of buffer zones and a no-fly area in Syria, Hurriyet said, citing a high-level official it didnt name.

Turkey shouldnt be expected to join military operations against Islamic State immediately, Culture and Tourism Minister Omer Celik told NTV television in Ankara today, adding that forming a buffer zone isnt something Turkey can do alone.

U.K. Prime MinisterDavid Cameronis recalling parliament to meet tomorrow inLondonfor a vote to authorize joining the international airstrikes.

Britain will do what it takes to make sure we play our part, U.K. Deputy Prime MinisterNick Cleggtold LBC radio today, adding the campaign may take considerable time.
Only the Beginning
While the opening offensive this week employed almost as many bombs and missiles in Syria as were used in the first month of strikes against Islamic State in Iraq, the blitz of firepower is only the beginning, Rear Admiral John Kirby, the Pentagons top spokesman, said on Sept. 23.

The strikes are having a limited impact on oil markets, said Richard Mallinson, an analyst at Energy Aspects Ltd. in London. Plentiful oil supplies have pushed crude prices close to a two-year low.Brent crudefor November settlement fell 26 cents, or 0.3 percent, at 1:16 p.m. in Dubai to $96.69 a barrel on the London-based ICE Futures Europe exchange and has traded below $100 a barrel for more than two weeks.

Most of the production in the regions controlled by Islamic State is already lost to the market, said Mallinson. Syrian production was lost several years ago early in the civil war there, and Iraqi production in the north has been shut in or disrupted for several months now.

By Bloomberg

 

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