A total of 7.705 billion liters of petroleum products in refineries and terminals nationwide have been marked from September 2019 to May 21, 2020 as part of the country’s fuel marking program, according to the Bureau of Customs (BOC).
Luzon accounted for 76% of the total, Mindanao 20%, and Visayas 4%, BOC said in a statement.
The customs bureau noted 135.442 million liters of fuel were marked during the period of community quarantine, “which manifests its unrelenting effort in implementing the fuel marking program and collecting the proper revenue that is essentially needed to support various assistance programs by the government in this time of crisis.”
READ: More than 7B liter fuel marked over 7 months
Twenty oil companies in the country participated in the program: Pilipinas Shell Petroleum Corp, Petron Corp, Seaoil Philippines, Unioil Petroleum Philippines, Phoenix Petroleum Corp, Chevron Philippines, Inc., Oilink International Bataan, Insular Oil Corp, Total Philippines/Filoil, Jetti Petroleum, Inc., PTT Philippines Corp., Marubeni Corp, Micro Dragon Petroleum Corp, Warbucks Industries Corp., High Glory Subic International Logistics, ERA1 Petroleum Corp, Golden Share Commerce and Trading, Inc., SL Gas, Jade Link Subic, Inc., and SL Harbor.
Marking of fuel products, whether imported or manufactured in the Philippines, becomes mandatory five years after the Tax Reform for Acceleration and Inclusion (TRAIN) law took effect in January 2018.
The fuel marking program has two parts: fuel marking, which started in August 2019, and random field testing and confirmatory tests.
Together with sister agency Bureau of Internal Revenue, BOC earlier said it will continue implementing the program even during the extended period of community quarantines.
