Islamic State earns on oil $1.5 million per day

Almaty. October 15. Silkroadnews - Islamic State earns on oil $1.5 million a day, reports the newspaper "Vedomosti".
According to the publication, in the territories controlled by terrorists of IS in Iraq and Syria, there are at least 9 oil fields. Carefully controlled  "oil company of IS" is actively hiring qualified staff - from engineers to trainers and managers, inviting them from abroad.
"The weakness of the US-led coalition gave Russia a pretext for their own military intervention in Syria. But all these attempts do not interfere the businesses and growth of the IS, reminiscent of the state oil company", - the newspaper said.
So, according to local traders and engineers, oil production, in the area controlled by the IS, reach 34 - 40 th. barrels per day.
"Terrorists are selling oil directly from the deposits at $20-45 / bbl., Allowing them to earn an average of $1.5 million a day", - says the publication.
Meanwhile, one of the commanders of the Syrian rebels in Aleppo noted that he had to buy diesel fuel from the IS, although his forces are fighting with the group at the front line.
"Perhaps fortune in the oil business will turn away from the IS. The bombing of the coalition and Russia, and low oil prices have a negative impact on its earnings. But while the main threat - the depletion of already old Syrian fields. Islamists do not have the same technology as the major oil companies to counteract the slow decline of oil production", - the newspaper said.
In addition, part of the fuel the IS consumes itself, and does not sell on the market. Nevertheless, IS controls oil supply on it's territories and lack of demand was not observed.