Perhaps until recently, only those in the oil industry knew of PT Kernel Oil Pte Ltd (KOPL) Indonesia, but all that changed late on Tuesday when one of the company’s executives was arrested by the Corruption Eradication Commission (KPK).
The arrests of Simon G.
Tanjaya, an executive with KOPL, golf trainer Ardi and Rudi Rubiandini,
head of the country’s energy regulator SKKMigas, has driven the media to
find out more about the company, which is the local arm of the
Singapore-based crude oil and products trader.
Simon, Ardi and Rudi were arrested for their alleged involvement in a bribery case.
will publish an official statement [in relation to the arrest]. Please
be patient,” said Dini, a local officer of KOPL Indonesia, when
contacted by The Jakarta Post on Wednesday.
As of late Wednesday,
however, the company, headquartered at Equity Tower in Sudirman Central
Business District (SCBD) in South Jakarta, had yet to give any
statement in relation to the arrest of one of its executives.
Indonesia is a local arm of Kernel Oil, the portfolios of which include
the trade in gasoline, crude oil and asphalt, around the world with
other countries such as Australia, Thailand, the United Arab Emirates
Kernel Oil’s official website, which could not be
accessed for several hours on Wednesday after the news of Rudi’s and
Simon’s arrest, said the company “trades in a multitude of crude oil
grades and products mainly from the Southeast Asia region.”
in 2006, the company also said it provided “natural gas liquids, such
as liquefied petroleum gases, ethane and petrochemical naphtha and
According to SKKMigas commercial control deputy
Widhyawan Prawiraatmadja, KOPL Indonesia was among more than 40
registered oil traders usually invited by the regulator in crude oil
tenders every three months.
“The tender is performed for all of
the crude oil that is not taken by [Indonesia’s state-owned energy firm]
PT Pertamina,” he said in a separate interview.
said, SKKMigas announced the latest tender for crude oil of around
200,000 to 400,000 barrels, which would be opened to bidders next
Kernel Oil, he said, would definitely be invited to bid
just like every registered trader in the country. However, according to
Widhyawan, Kernel Oil had yet to win any of the tenders implemented by
SKKMigas this year.
Lukman Mahfoedz, chairman of the Indonesian Petroleum Association (IPA), said Kernel Oil was not listed as one of its members.
“Members of the IPA have exact working areas,” he said.
officer who answered the Post’s phone call to Kernel Oil’s Singapore
office on Wednesday afternoon said while the firm knew of the arrest of
its executive in Indonesia, the company could not comment on the matter.
“What happens in Jakarta concerns Indonesian law,” said the officer, who refused to reveal his name.
is home to many oil and gas traders in Southeast Asia. Petral, the
trading arm of Pertamina, is also known to be based in Singapore.