Cambodia’s stolen oil resurfaces in Indonesian waters

Indonesia’s navy said on August 25 that it has seized a tanker and its crew who were wanted on charges of stealing nearly 300,000 barrels of crude oil from Cambodia’s reserves, AFP reported.

The Bahamian-flagged MT Strovolos was picked up on July 27 off the coast of Sumatra, they said, days after Phnom Penh issued a red notice on Interpol to seize the ship over claims it stole the country’s crude.

Indonesia’s navy said it was questioning the crew of 13 Indians, three Bangladeshis and a trio from Myanmar at its base near Singapore.

The tanker, sailing from Thailand to Indonesia’s Batam island, had turned off its identification system and anchored illegally in the archipelago’s waters, naval authorities said.

Prison time for captain possible

Its Bangladeshi captain could face up to a year in prison and a $14,000 fine if convicted on maritime violation charges, they added.

The tanker had been rented by Singapore’s oil firm KrisEnergy for storage as part of Cambodia’s recent bid to extract its own oil, authorities said.

But the company produced less oil than expected and was unable to pay its debts, forcing it to file for liquidation in June, still allegedly owing money to the tanker crew, they added.

Cambodia wants the oil back

“The company… reported to our government that the tanker stole the oil. There are some 290,000 barrels of crude aboard,” Cheap Suor, director-general of petroleum at the Cambodian Ministry of Mines and Energy, said, according to AFP.

“[But] the tanker said KrisEnergy owed it money,” he added, noting that the two countries were now working on a plan to return the oil to Cambodia.



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Indonesia's navy said on August 25 that it has seized a tanker and its crew who were wanted on charges of stealing nearly 300,000 barrels of crude oil from Cambodia's reserves, AFP reported. The Bahamian-flagged MT Strovolos was picked up on July 27 off the coast of Sumatra, they said, days after Phnom Penh issued a red notice on Interpol to seize the ship over claims it stole the country's crude. Indonesia's navy said it was questioning the crew of 13 Indians, three Bangladeshis and a trio from Myanmar at its base near Singapore. The tanker, sailing from Thailand to...

Indonesia’s navy said on August 25 that it has seized a tanker and its crew who were wanted on charges of stealing nearly 300,000 barrels of crude oil from Cambodia’s reserves, AFP reported.

The Bahamian-flagged MT Strovolos was picked up on July 27 off the coast of Sumatra, they said, days after Phnom Penh issued a red notice on Interpol to seize the ship over claims it stole the country’s crude.

Indonesia’s navy said it was questioning the crew of 13 Indians, three Bangladeshis and a trio from Myanmar at its base near Singapore.

The tanker, sailing from Thailand to Indonesia’s Batam island, had turned off its identification system and anchored illegally in the archipelago’s waters, naval authorities said.

Prison time for captain possible

Its Bangladeshi captain could face up to a year in prison and a $14,000 fine if convicted on maritime violation charges, they added.

The tanker had been rented by Singapore’s oil firm KrisEnergy for storage as part of Cambodia’s recent bid to extract its own oil, authorities said.

But the company produced less oil than expected and was unable to pay its debts, forcing it to file for liquidation in June, still allegedly owing money to the tanker crew, they added.

Cambodia wants the oil back

“The company… reported to our government that the tanker stole the oil. There are some 290,000 barrels of crude aboard,” Cheap Suor, director-general of petroleum at the Cambodian Ministry of Mines and Energy, said, according to AFP.

“[But] the tanker said KrisEnergy owed it money,” he added, noting that the two countries were now working on a plan to return the oil to Cambodia.



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Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

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Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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