Fuel marking has almost hit 100 per cent, according to a study by the Atlantic Council Global Energy Centre.
The study authored by Dr David Soud with support from Dr Ian Ralby and Rohini Ralby indicates that whereas the global petroleum downstream sector continues to face criminality and smuggling, Uganda has, through the Fuel Marking and Quality Monitoring Programme, achieved substantial success against adulteration, which has reduced from more than 29 per cent in 2008 to just 0.5 per cent.
The programme, which names and shames non-compliant petroleum product dealers has over the years compelled an improvement in fuel marking, a key standard essential in elimination of fuel dumping and smuggling.
Published January 16, 2021, 2:40 PM
More than 17 billion liters of fuel were marked in 2020 under the Fuel Marking Program, a drive to curb fuel smuggling in the country, the Bureau of Customs said.
A total of 17.55 billion liters of petroleum products from various fuel companies in the country were marked from Sept. 4, 2019 to Dec. 31, 2020.
According to the bureau, this is equivalent to P147.78 billion and P23.94 billion of duties and taxes collected by the Customs bureau and the Bureau of Internal Revenue (BIR).
“For 2020 alone, 15.69 billion liters of fuel were marked equivalent to P109.36 billion and P21.81 billion duties and taxes collected by BoC and BIR,” the bureau said.