MANILA, Philippines – Petron Corp. chairman Ramon Ang said the government should strengthen efforts to curb oil smuggling, claiming oil smugglers are now controlling 30 to 35 percent of the petroleum industry.
“We have a basis for these figures. It was a result from a study conducted on oil smuggling. The study showed that 30 to 35 percent of the industry today is coming from oil smuggling. This accounts for P30 billion to P35 billion foregone revenues for the government. These are taxes not being paid to the government,” he said, but did not mention the name of the institution that conducted the study.
“Given this situation, efforts should be intensified in going after these smugglers. But the question is…can we (the country) do it? Are we equipped to curb smuggling?” he added.
Ang said the Oil Deregulation Law of 1998, which transferred oil price control from the government to oil firms, opened “floodgates for oil smugglers.”
He said the government should go after the “big fish” to stop oil smuggling.
“It will be very hard to regulate and control these illegal activities. Their operations are everywhere. Up to now, they haven’t caught big oil smugglers. They are catching the small time violators, like the drivers and tricycle boys,” he added.
When asked if Petron’s operation is affected by smuggling, Ang said they would continue to operate based on market forces.
“We will play the game in town,” he said. –Donnabelle Gatdula (The Philippine Star)
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
