ILLICIT FUELS

$40 Billion in tax revenue is lost per year as a result of fuel smuggling

The illicit trade of refined fuels is estimated to be valued at $100B, & fuel is the #1 most smuggled natural resource in the world.*

“How Chemistry is Helping Defeat Fuel Fraud,” Alex Scott,
Chemical & Engineering News
Vol. 94, Issue 5, pp. 20 – 21.

ILLICIT FUELS

Trading of illicit fuels is a leading source of funds for organized crime and terrorist groups.

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