Chevron Philippines, Inc., marketer of the Caltex brand of fuels just walked the talk by being the first of the Top 3 fuel brands to mark its fuel upon arrival at its import terminal in San Pascual, Batangas.
While other fuel brands complain about fuel smuggling, but decide to do nothing about it, Caltex decided to actually do something about fuel smuggling by “marking” its fuel. This is done by placing a molecular marker in its fuels, a compliance with the Philippine government’s requirements.
The fuel marking activity was witnessed by officials from the Bureau of Customs (BOC) and representatives from the fuel marker consortium, SICPA SA –SGS Philippines, and Chevron Philippines.
“Chevron Philippines supports the government’s initiative to curb fuel smuggling through this fuel marking program. We hope that this program will level the playing field among the industry participants and ensure that all oil companies pay the correct taxes and help build the nation,” CPI Country Chairman Louie Zhang said.
Following the recent completion of the implementing rules and regulations for the FMP, gasoline, diesel and kerosene shall be tested for compliance with the prescribed dilution level, whether at the refinery, terminal, or retail sites.
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