The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

ISIS steals Iraq’s oil to survive

Agency Report by Agency Report
September 12, 2017
in Headline News
ISIS steals Iraq’s oil to survive
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Islamic State militants have resorted to stealing, spilling and smuggling crude oil from Iraqi oil fields as a means to wreak havoc and fund their spluttering but surviving campaign of terror.

The stealing persists despite the defeat of the group in its major strongholds of Mosul and Tel Afar in Iraq, more than two years after Iraqi forces specifically sought to retake oil-rich areas from the terrorists.

You might also like

FG Disbursed N316bn To National Assembly In Two Years As Spending Doubles

Man Remanded For Impregnating 15-Year-old Girl In Lagos

US Court Jails Five Nigerians For 159 Years

“While ISIS is steadily losing its hold on populated areas, it still controls a not-insignificant portion of territory that contains oil and oil infrastructure,” Justin Dargin, global energy expert at the University of Oxford, told Fox News.

“As a result, ISIS is continuing at a frantic pace to produce and smuggle as much oil as possible in a bid to acquire its ever-declining revenue base.”

According to Iraq’s state-run North Oil Company (NOC), ISIS still controls scores of wellheads in parts of the northern Ajil field which are considered contested land between Iraq and Kurdish governments.

The terror network still controls some 75 per cent of the Alas Dome in the nearby and prominent Hamrin field, NOC adds.

ISIS gained control of the two fields in June 2014 after its sudden assault on the country’s second-largest city of Mosul.

While Iraqi forces took back much of the region in early 2015, the militants have retained a foothold in the more remote parts, such as the provinces of Salahuddin and Diyala.

The black-clad jihadist army can access these areas from its last major Iraq stronghold of Hawija near the oil-rich city of Kirkuk.

It is in these areas that the terrorists are reported to have orchestrated a massive oil spill spanning thousands of acres southbound from the Hamrin Mountains and into emancipated territory, where it is even flooding into the streets of villages just northeast of Tikrit, according to Iraq Oil Report and satellite imagery of the area.

Source: Fox News

Tags: Iraq’s oilISISnewsNEXT EDITIONnigerian newspapersNOC
Agency Report

Agency Report

Recommended For You

FG Disbursed N316bn To National Assembly In Two Years As Spending Doubles

FG Disbursed N316bn To National Assembly In Two Years As Spending Doubles

The Federal Government has increased its financial disbursements to the National Assembly from ₦126.3 billion in 2022 to ₦316 billion in 2024, representing a 150 percent rise within...

COVID-19: Appeal Court Introduces Alternative e-payment For Filing Processes

Man Remanded For Impregnating 15-Year-old Girl In Lagos

A 23-year-old man, Victor Faleye, has been detained in custody at a correctional facility after his arraignment for allegedly defiling and impregnating a 15-year-old girl in Lagos. Faleye,...

Nigeria Ranks Seventh With International Students In US

US Court Jails Five Nigerians For 159 Years

A court in the United States has sentenced five Nigerian nationals to a combined 159 years in prison for their involvement in a sweeping $17 million fraud scheme...

OOU Faces Backlash Over ‘No Bra, No Entry’ During Examination

OOU Faces Backlash Over ‘No Bra, No Entry’ During Examination

A viral video showing female students of Olabisi Onabanjo University, Ago-Iwoye, being checked for bras before entering the examination hall has sparked widespread criticism online and on campus....

Next Post

MUSIC STARS OF YESTERYEARS: WHAT ARE THEY DOING NOW?




Related News

ICPC Uncovers N18.62bn Padding Scam By MDAs

ICPC Uncovers N18.62bn Padding Scam By MDAs

7 Million Weapons In Illegal Hands In Nigeria – NSA

7 Million Weapons In Illegal Hands In Nigeria – NSA

Killers have joined APC, says Aregbesola

Eidul-Mawlid: FG Declares Tuesday As Public Holiday




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited