Oil company, Puma Energy Zambia PLC, has denied allegations that it is involved in fuel smuggling activities in the country. On Friday last week, the Zambia Revenue Authority disclosed that it had busted an organized fuel smuggling syndicate through the Chirundu One-Stop Boarder Post worth over K2.8 million in unpaid duty and taxes. In this […]
Economic managers are set to approve the implementation of the fuel marking system as part of the first tax reform package expected to be approved by Congress and signed by President Duterte before the end of the year. The National Economic and Development Authority’s (Neda) Investment Coordination Committee-Cabinet Committee (ICC CabCom) will tackle today the […]
ENERGY Regulation Board (ERB) has instituted investigations to ascertain possible breaches of license conditions and adherence to quality specifications by service stations. ERB Acting Consumer and Public Affairs Officer, Fred Hang’andu says ERB is concerned with reports that fuel is being smuggled into the country. Mr. Hang’andu explained that ERB will roll out the fuel […]
Business News of Wednesday, 6 December 2017 Source: citifmonline.com 2017-12-06 Fisher-folk have complained bitterly about shortage of premix fuel following the massive diversion Allegations of premix fuel smuggling have emerged in the Volta Region distribution chain amid the uncovered nationwide premix fuel diversion scandal. The scandal came to light after Citi News found out that […]
The illegal smuggling of oil from Libya to Malta is carried out by Libyan militias “in league” with Libyan authorities who pay Tunisian sailors €350 per voyage, according to an interview that appeared in a Libyan news portal. The interview, by one of these Tunisian sailors, who remained anynymous, has been reproduced in several Italian […]
Officials of the Nigerian Navy have evacuated 1,330 jerrycans containing 33,250 litres of Premium Motor Spirit (PMS) otherwise called petrol believed to have been siphoned from the Nigerian National Petroleum Corporation (NNPC) pipelines on the island of Atlas Cove, Lagos.Each jerrican contains 25 litres. The Commander, Nigerian Navy Ship (NNS) Beecroft, Rear Admiral Maurice Eno, […]
Cuttack: Following reports of fuel theft, a joint squad of Civil Supplies and Weights & Measures department on Monday sealed nozzles of two dispensing machines at a petrol pump in Cuttack. Besides, the squad also seized nearly 40 to 50 litres of fuel suspected to have been adulterated from a petrol pump at CDA, official […]
by Ildefonso Ortiz and Brandon Darby4 Dec 2017Reynosa, MX0 As part of an ongoing intelligence-based operation, Tamaulipas state authorities seized two tractor trailers with large tankers full of potentially stolen fuel as they were coming across the international bridge of Los Indios near Matamoros, Tamaulipas, immediately south of Harlingen. Information provided to Breitbart Texas by […]
Lower price of petroleum products in Nepal compared to the prices in India has become a headache for Nepal Oil Corporation in areas bordering India, as this has been promoting fuel smuggling from Nepal to India. Sushil Bhattarai, acting deputy managing director of NOC, said smuggling of petroleum products had been increasing at an alarming […]
The Zambia Revenue Authority has discovered an organized fuel smuggling syndicate through the Chirundu One Stop Boarder Post worth over K2.8 million in unpaid duty and taxes. In a statement today, ZRA corporate affairs manager Topsy Sikalinda revealed that an agent, Chombe Gondwe, was importing the fuel on behalf of Puma Energy PLC although the […]