Article
Carole Nakhle
{
"authors": [
"Carole Nakhle"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace",
"Malcolm H. Kerr Carnegie Middle East Center"
],
"collections": [],
"englishNewsletterAll": "menaTransitions",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Malcolm H. Kerr Carnegie Middle East Center",
"programAffiliation": "MEP",
"programs": [
"Middle East"
],
"projects": [],
"regions": [
"Levant",
"Syria",
"Iraq",
"Middle East"
],
"topics": [
"Political Reform",
"Economy",
"Security"
]
}
Source: Getty
In The Media
Who Is Buying ISIL’s Oil?
A multipronged approach is needed stop ISIS from profiting from the oil fields under its control.
Published on Nov 30, 2015
Source: Al Jazeera
Carnegie’s Carol Nakhle joined Al Jazeera’s Hazem Sika and others to discuss ISIS’s oil business. Nakhle argued that in addition to recruiting soldiers, ISIS has been hiring the technicians and engineers required to repair and maintain the oil producing equipment and infrastructure. Much of the oil produced in these fields remains in the captive market that is ISIS-controlled territory, and as such is not linked to global oil prices, she said. A multi-dimensional approach is required to stop ISIS from profiting from the oil fields under its control.
This interview was originally broadcast on Al Jazeera's Inside Story.
About the Author
Carole Nakhle
Former Nonresident Scholar, Middle East Center
Nakhle was a nonresident scholar at Carnegie Middle East Center, specializing in international petroleum contracts and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and oil and gas revenue management.
- Nuclear Energy’s Future in the Middle East and North Africa
- ISIL Sells Its Oil, But Who Is Buying It?In The Media
Carole Nakhle
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Endowment for International Peace
- Is a Conflict-Ending Solution Even Possible in Ukraine?Commentary
On the fourth anniversary of Russia’s full-scale invasion, Carnegie experts discuss the war’s impacts and what might come next.
- +1
Eric Ciaramella, Aaron David Miller, Alexandra Prokopenko, …
- The Kremlin Is Destroying Its Own System of Coerced VotingCommentary
The use of technology to mobilize Russians to vote—a system tied to the relative material well-being of the electorate, its high dependence on the state, and a far-reaching system of digital control—is breaking down.
Andrey Pertsev
- Can the Disparate Threads of Ukraine Peace Talks Be Woven Together?Commentary
Putin is stalling, waiting for a breakthrough on the front lines or a grand bargain in which Trump will give him something more than Ukraine in exchange for concessions on Ukraine. And if that doesn’t happen, the conflict could be expanded beyond Ukraine.
Alexander Baunov
- Can the Gulf Cooperation Council Transcend Its Divisions?Article
Without structural reform, the organization, which is racked by internal rivalries, risks sliding into irrelevance.
Hesham Alghannam
- Getting Debt Sustainability Analysis Right: Eight Reforms for the Framework for Low-Income CountriesPaper
The pace of change in the global economy suggests that the IMF and World Bank could be ambitious as they review their debt sustainability framework.
C. Randall Henning
