News

KARIMUN, Indonesia – January 26, 2026 – PT Oil Terminal Karimun (OTK) has taken note of recent media coverage, including a Reuters article published on January 26, 2026, which references the Karimun terminal in the context of Russian fuel oil exports to Asia. The request for comment was received immediately prior to publication and did not allow the company sufficient time to provide factual clarification in advance.

OTK categorically rejects any suggestion that it facilitates or supports Russian oil or petroleum product trade. Such characterisations are unfounded and inaccurate. The article relies on unnamed “market sources” and third-party tracking data and does not cite any regulatory findings, official determinations, or verified evidence relating to PT Oil Terminal Karimun’s operations.

PT Oil Terminal Karimun is a licensed independent terminal operator. The company does not own, trade, market, or take title to petroleum products handled at its facilities, nor does it participate in trading arrangements, cargo sourcing, or destination decisions. OTK’s activities are strictly limited to the provision of storage, handling, and transshipment services, consistent with the role of comparable terminals operating across Southeast Asia and other international energy hubs.

OTK operates in full compliance with the laws and regulations of the Republic of Indonesia and applies comprehensive internal compliance procedures, including counterparty due diligence, Know Your Customer (KYC) requirements, and sanctions screening in accordance with applicable national laws and international sanctions regimes. There have been no regulatory findings, enforcement actions, or substantiated allegations against the company relating to sanctions breaches or unlawful activity.

Any attempt to portray OTK as facilitating sanctioned trade conflates independent logistics infrastructure with commercial trading activity and does not reflect the legal or operational reality under which the terminal operates.

PT Oil Terminal Karimun remains committed to transparency, regulatory compliance, and constructive engagement with authorities and stakeholders.

PT Oil Terminal Karimun Management