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Namibia: Alweendo Launches Campaign Against Illegal Fuel…

MINES minister Tom Alweendo said illegal fuel should be discouraged as it is against the law, deprives the state of much-needed revenue, compromises public safety and poses an environmental risk. Speaking whilst launching the fuel information-sharing campaign at the border point of Oshikango in the Ohangwena region on Friday, Alweendo stated that the increase of […]

BOC all set to implement fuel marking…

(Eagle News) — The Philippine government has already drafted the implementing rules and regulations (IRR) for the fuel marking program which is set for implementation next year to suppress oil smuggling in the country. The Bureau of Customs, together with the Bureau of Internal Revenue (BIR), will lead the fuel marking program’s implementation. The BIR […]

DEPUTY COMMISSIONER DY BUCO TO DISCUSS PHILIPPINES’…

WANCHAI, HONG KONG, March 2, 2018 /EINPresswire.com/ — The Philippines’ new fuel marking and monitoring system is expected to launch in the local downstream oil industry in the second half of 2018. The program is part of a sustained effort to combat rampant fuel smuggling and misdeclaration of petroleum products, estimated to be costing the […]

NNPC losing N774m fuel subsidy revenues daily…

Leading a top Management team of the corporation on a visit to the Comptroller General of the Nigerian Customs Service, the Group Managing Director of NNPC, Dr. Maikanti Baru, revealed that detailed study conducted by NNPC indicated strong correlation between the presence of the frontier stations and the activities of fuel smuggling syndicates. According to […]

Petrol stations mushrooming at border towns to…

The increasing number of filling stations in Nigeria’s border towns is raising suspicion that they are funnels for fuel smuggling to neighbouring countries. Maikanti Baru, the group managing director of Nigerian National Petroleum Corporation (NNPC), raised the alarm on Sunday when he received the comptroller general of the Nigerian Customs Service, Hameed Ali, a retired […]

ERC talks tough on fuel adulteration ::…

NAIROBI, KENYA: Energy Regulatory Commission (ERC) has issued tough warning to petroleum transporters in a strategy aimed at curbing fuel adulteration. The industry regulator now says that companies whose road tankers will be found transporting adulterated petroleum products or parked in unlicensed petroleum storage facilities shall have their operating licenses revoked. Further, petroleum road tanker […]

Libya impounds Togolese-flagged vessel for fuel smuggling…

Libya’s naval forces on Thursday seized a Togo-flagged fuel tanker and arrested its Greek crew on the suspicion they planned to smuggle oil out of the country, a spokesman for the forces said. Libya’s western coast is a departure point for the smuggling of heavily subsidised gasoline to neighbours such as Tunisia and Malta, where […]

Pipeline fuel thieves employ profitable, efficient strategy

Gangs of thieves who steal fuel from Mexico’s state-owned pipelines work with such expertise and efficiency that they can make profits of up to 250,000 pesos (US $13,400) a week, according to a public security consultant. At a workshop designed to educate people about the strategies criminals use to commit the crime, Francisco Granados told […]