BOC moves to curb oil smuggling
To combat oil smuggling, the Bureau of Customs plans to roll out by the first quarter of next year the planned marking of all fuel products.
“The fuel sector was recommending to put up a fuel marking system. I still have to sit down and discuss this with them. But when we have fuel marking, we can check which fuel is smuggled. If we do this, no smuggling can be done,” Customs Commissioner Nicanor E. Faeldon told the Senate ways and means committee in a hearing Tuesday.