THE government’s fuel marking program continues as Pilipinas Shell Petroleum Corp. marked 60 million liters of diesel fuel in its import facility in Cagayan de Oro City.
Bureau of Customs (BoC) Deputy Commissioner Teddy Raval, head of the fuel marking program, said Customs officials witnessed the first marking the first conducted by Pilipinas Shell.
A preliminary inspection of the Davao terminals of Phoenix Petroleum and Insular Oil was also made by representatives of the Department of Finance, BoC, Bureau of Internal Revenue and Department of Budget and Management.
Under Republic Act 10963 or the “Tax Reform for Acceleration and Inclusion Law,” petroleum products that are refined, manufactured or imported to the Philippines such as but not limited to unleaded premium gasoline, kerosene and diesel fuel shall be marked by an official marking agent after payment of taxes and duties.
By Feb. 3, 2020, all gasoline, diesel and kerosene retailed in the country are expected to be marked. To date, around 435 million liters of fuel have already been marked.
Petroleum companies, whose fuel have been marked include Seaoil, Pure Petroleum Corp., Phoenix Petroleum Corp., Unioil Petroleum Philippines, the entire network of Chevron Philippines Inc. and Shell.