Speeches

Maria Eagle – 2015 Parliamentary Question to the Ministry of Defence

The below Parliamentary question was asked by Maria Eagle on 2015-10-22.

To ask the Secretary of State for Defence, what progress has been made by the UK and its Coalition Partners on disrupting the ability of ISIS to raise significant funds through oil revenues; and if he will make a statement.

Penny Mordaunt

The Coalition’s initial approach to disrupting ISIL’s ability to raise funds from oil revenues was to seek to destroy modular oil refineries. However, ISIL has adapted to this and is now using low technology refining methods and changing the way it trades hydrocarbon products.

The UK and its Coalition partners are now concentrating on oil smuggling and the ability of ISIL to keep its production facilities functioning.