Indonesia seizes tanker accused of carrying stolen Cambodian oil

Hunt for missing crude comes after collapse of Phnom Penh's first venture

20210826 Indonesia Cambodia Oil

Indonesia has seized the oil tanker MT Strovolos, which Cambodia accuses of carrying 300,000 barrels of stolen crude from it first oil venture. © Indonesia Navy/AFP/Jiji

SHAUN TURTON, Contributing writer and ERWIDA MAULIA and MASAYUKI YUDA, Nikkei staff writers

PHNOM PENH/JAKARTA/BANGKOK -- Two months after the collapse of Cambodia's first oil venture, the spotlight has turned to the fate of millions of dollars worth of oil pumped from the country's offshore concession before production was halted -- with the focus now on a ship seized by Indonesia.

Indonesia's navy announced on Wednesday that it had taken into custody the Bahamian-flagged tanker MT Strovolos, which Cambodia claims is carrying nearly 300,000 barrels of crude allegedly stolen from the ill-fated oil business.

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