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Shell Singapore oil heist: Breakdown of stolen oil cargoes

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A total of approximately 10,360 mt of MGO amounting to $4.52 million has been accounted for so far.
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Court documents show a total of approximately 10,360 metric tonnes (mt) of marine gas oil (MGO) amounting to SGD $5.99 million ($4.52 million) being stolen from Singapore Shell Bukom to date.

The stolen oil was loaded onto three tankers, namely Prime South, Sentek 26 and MT Gaea, which travelled over Asia over the last three months, according to Thomson Reuters.

Investigations showed the theft occurring over a period of three and a half months during normal working hours of the refinery.

Reuters provided a breakdown of the incident dates, volume of gasoil stolen and value of the product:

  • October 2, 2017 // 1,131 mt // SGD $765,273
  • October 23, 2017 // 1,276 mt // SGD $863,385
  • November 11, 2017 // 300 mt // SGD $165,000
  • November 14, 2017 // 846 mt // SGD $465,520
  • November 21, 2017 // 2,322 mt // SGD $1,277,430
  • December 31, 2017 // 1,076 mt // SGD $592,295
  • December 31, 2017 // 1,348.8 mt // SGD $736,444.80
  • January 5, 2017 // 801.86 mt // SGD $437,815.56
  • January 7, 2017 // 1,260 mt // SGD $687,960

Related: Intertek Singapore employee among Shell oil heist suspects
Related: Shell Singapore oil heist update: More individuals charged
Related: Shell Singapore oil heist: Shipowner should have conducted a charterer check
Related: Fuel syndicate busted at Singapore Shell Bukom

Published: 17 January, 2018