News
Statement on Recent Media Coverage Regarding PT Oil Terminal Karimun
KARIMUN, Indonesia – May 9, 2025 – PT Oil Terminal Karimun (OTK) is aware of recent media reports that reference our terminal and its operations. While we respect the role of the media in public discourse, we find it important to clarify that the statements made appear to be speculative and do not accurately reflect the regulatory environment or operational realities of our facility.
Commitment to Compliance and Lawful Operations
OTK operates under the jurisdiction of the Republic of Indonesia and is fully committed to adhering to all applicable laws, as well as international trade and compliance standards. This includes:
- Strict compliance with Indonesian customs, trade, and environmental regulations
- Comprehensive internal controls, including Know Your Customer (KYC) and sanction screening protocols
- Transparent operational practices in accordance with global industry standards
As a licensed logistics infrastructure provider in a Free Trade Zone, OTK delivers secure storage and transshipment services to international clients, operating entirely within the bounds of applicable law.
Clarifying the Record
Some of the coverage includes interpretations based on vessel movement data and anonymous sources. While such data can offer general insights, it does not constitute evidence of any regulatory or legal breach.
We wish to emphasize that there have been no verified allegations or regulatory actions brought against PT Oil Terminal Karimun. Any implication that our operations contravene legal or compliance standards is unwarranted.
Our Operational Role
PT Oil Terminal Karimun does not own or trade in the petroleum products handled through the terminal. Our role is strictly limited to providing lawful, secure logistics services — a responsibility we fulfill with professionalism and transparency.
Commitment to Transparency and Constructive Dialogue
We welcome open and constructive engagement with regulatory bodies, financial institutions, and other stakeholders. OTK remains committed to maintaining a strong compliance culture and upholding the highest operational standards.
We encourage all stakeholders to distinguish between conjecture and verified information, and to rely on formal regulatory assessments when evaluating our role in the international energy logistics landscape.
PT Oil Terminal Karimun Management