Fuel marking

The Department of Finance reports that 12.05 billion liters of fuel were marked by the government from Sept. 1, 2019 to Sept. 3, 2020 under the Fuel Marking Program. Data from the department show that of the total volume of fuel marked, Petron Corp. accounted for 2.786 billion liters, followed by Pilipinas Shell Petroleum Corp. with 2.435 billion liters and Unioil Petroleum Philippines Inc, with 1.297 billion liters. The Bureau of Customs raised P107.77 billion in duties and taxes as of Sept. 3, while the Bureau of Internal Revenue collected P18.74 billion in excise taxes from gasoline, diesel, kerosene and other fuel products as of Aug. 20.