TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Pertamina denies claims of Russian crude transshipment
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
A photograph shows Pertamina's Balikpapan refinery on Jan. 8, 2022. (Pertamina/Pertamina)
K
ilang Pertamina Internasional (KPI), the refinery and petrochemical arm of state-owned oil and gas company Pertamina, has denied reports that Russian oil products are being transshipped at Indonesia’s Karimun terminal in the Riau Islands.
KPI president director Taufik Adityawarman said Russian crude oil could be purchased only through open auctions.
“Not yet,” Taufik said on the sidelines of the International Petroleum Association Convention & Exhibition (IPA Convex) in Tangerang, Banten, on Wednesday, when asked about Russian oil entering Karimun.
“All of our crude oil purchases go through an auction process. We publicly announce the tenders, and only companies registered with our refineries are eligible to participate.”
Pertamina does not have a refinery, oil storage tank or transshipment facility in Karimun but has been open to importing Russian crude since May last year, Taufik said.
Any purchase of crude must comply with the United States Office of Foreign Assets Control (OFAC) regulations, he added with reference to sanctions imposed on Russia by the US, United Kingdom and the European Union following the invasion of Ukraine.
“If any [company] has Russian crude that suits our specifications and is registered with our refineries, [they are] welcome to participate in the tender,” he said, noting that Russian crude obtained through tenders is delivered directly to refineries, not storage tanks or terminals.
