Indonesia to Auction Seized Iranian Tanker and 1.2 Million Barrels of Crude Oil
Jakarta. Indonesia’s Attorney General’s Office will auction an Iranian-flagged oil tanker and its cargo of 166,975.36 metric tons of light crude oil -- equivalent to 1.2 million barrels -- beginning December 2, prosecutors announced on Sunday.
The auction’s reserve value has been set at Rp 1.17 trillion ($70 million), with a mandatory security deposit of Rp 118 billion ($7 million). Bidders may participate via the government auction platform lelang.go.id.
Prosecutor’s Office spokesman Anang Supriatna said the object on offer includes both the vessel and the oil onboard. The tanker, MT Arman 114, built in South Korea in 1997, was seized under a Batam District Court ruling issued on July 10, 2025.
MT Arman 114 was confiscated as evidence in a marine-pollution case, in which the ship’s captain, Mohammed Abdelaziz Mohamed Hatiba, was convicted for dumping waste at sea. The court ordered that the vessel and its cargo be seized for the state. Abdelaziz was sentenced to seven years in prison and a Rp 5 billion fine.
The investigation began after a patrol by the Maritime Security Agency (Bakamla) detected two tankers that had switched off their automatic identification systems and were moored alongside each other.
Aerial monitoring using an unmanned aircraft recorded a pipeline connection between the ships and an oil spill coming from MT Arman 114. The two tankers -- MT Arman 114 and MT S Tinos, the latter flagged to Cameroon -- were suspected of conducting illegal ship-to-ship oil transfer operations.
According to prosecutors, eligibility to participate in the auction is restricted to companies licensed to process or trade oil and gas, or contractors permitted under the regulations of the Ministry of Energy and Mineral Resources.
Tags: Keywords:Related Articles
Evidence Supports Corruption, Money Laundering Charges against Febrie Adriansyah: Police
Police accuse Febrie Adriansyah of corruption in state insurer cases and laundering the proceeds, allegations he is challenging in court.Febrie Adriansyah Demands Return of 74 Kg of Gold Seized from Home
Former senior prosecutor Febrie Adriansyah is seeking the return of 74 kg of gold and cash seized from his home.Febrie Adriansyah Detained Without Handcuffs or Detainee Vest
Former top prosecutor Febrie Adriansyah entered detention without handcuffs or a detainee vest, unlike many suspects in past graft cases.AGO Says Febrie Adriansyah Remains on Payroll Pending Court Ruling
The Attorney General's Office says graft suspect Febrie Adriansyah remains an active prosecutor pending a court ruling.Prabowo Appoints Kuntadi as Indonesia's Top Anti-Corruption Prosecutor Amid Graft Scandal
Kuntadi takes over one of the country's most powerful prosecutorial posts after Febrie was named a corruption suspect earlier this month.Controversies Surrounding the Handling of Febrie Adriansyah’s Corruption Case
The Attorney General's Office has not provided a clear explanation as to why Don Ritto was detained while Febrie was not.Prominent Lawyer Hotman Paris Joins Febrie Adriansyah's Defense Team
resigned from his post after police announced the seizure of gold bullion and cash from several locations, including his residence.Attorney General Proposes Successor to Suspended Graft Prosecutor Febrie Adriansyah
Attorney General Burhanuddin has nominated senior prosecutor Kuntadi to replace corruption suspect Febrie Adriansyah.Senior Prosecutor Febrie Adriansyah Acknowledges Searched Luxury Home Is His
Febrie Adriansyah confirms a luxury home searched by police belongs to him but declines to discuss seized assets.Prabowo Urges Respect for Due Process in Investigation Linked to Senior Prosecutor
Police have not named any suspects in the investigation, although officers have seized cash and 74 kilograms of gold bars.The Latest
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital
Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.Jakarta Expands Flood Prevention With New Water Storage Ponds
Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.Most Popular
