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UN Security Council Warns Against Oil Sales by Terrorist Groups in Iraq, Syria

RIA Novosti

21:48 28/07/2014

UNITED NATIONS, July 28 (RIA Novosti) - As the Islamic State in Iraq and the Levant and Jabhat Al-Nusra take over oil fields in Iraq and Syria and move to sell the oil, the UN Security Council on Monday unanimously adopted a Presidential Statement calling on member states not to trade in oil with these entities.

The statement, first proposed by Russia on June 27, 'stresses the obligation of the Member States to prevent and suppress the financing of terrorist acts, and expresses grave concern over the reports of the access to and seizure of oilfields and pipelines in Syria and Iraq by terrorist groups listed by the Security Council 1267/1989 Committee, namely the Islamic State in Iraq and the Levant and Jabhat Al-Nusra.

In the statement, the Security Council 'reaffirms its strong commitment to the sovereignty, independence and territorial integrity of Syria and Iraq, and in this regard, strongly condemns any engagement in direct or indirect trade of oil from Syria and Iraq involving terrorist groups.'

Threatening further action, the Council's statement 'also emphasizes that such engagement constitutes financial support for terrorists and may lead to further sanctions listings if those groups are listed by the Security Council 1267/1989 Sanctions Committee as associated with Al-Qaida.'

With ISIL, now calling itself the Islamic State, continuing to expand, in its statement the Security Council 'notes with concern that any oilfields and related infrastructure controlled by terrorist organizations could generate material income for terrorists, which would support their recruitment efforts, including of foreign terrorist fighters, and strengthen their operational capability to organize and carry out terrorist attacks.'

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