UAE gov­ern­ment takes steps to curb petrol smug­gling

The Pak Banker - - INTERNATIONAL BUSINESS/SPORTS -

The gov­ern­ment is tak­ing nec­es­sary ac­tion to pre­vent smug­gling of petrol and diesel, a top of­fi­cial from the Min­istry of Energy said. "Smug­gling of oil is risky and jeop­ar­dises the safety of the road and peo­ple trav­el­ling on the road. The author­i­ties in the UAE are tak­ing nec­es­sary ac­tion to ar­rest these peo­ple," said Dr Mat­tar Al Neyadi, Un­der­sec­re­tary of the UAE Min­istry of Energy and Head of Fuel Price Com­mit­tee.

He said the min­istry is in the process of draft­ing a de­tailed leg­is­la­tion on how to deal with re­fin­ery prod­ucts and pre­vent smug­gling.

"The leg­is­la­tion has de­tails on how to trans­port diesel, petrol and gas cylin­ders and where to buy these. It also has a pro­vi­sion on how to store the prod­ucts safely. The leg­is­la­tion will come out any time in the near fu­ture." He said peo­ple within the GCC have the lib­erty of travel and can fill their tanks wher­ever they want. "I don't think that would be against the rules."

Mean­while, media re­ports in Oman said mem­bers of the Ma­jlis Al Shura have raised con­cerns about smug­gling of re­fin­ery prod­ucts. Sultan Bin Ma­jid Al Ibri, Ma­jlis Al Shura mem­ber, rep­re­sent­ing the province of Ibri, has ques­tioned the ra­tio­nale be­hind open­ing three fill­ing sta­tions in Al Rawda in the province of Mahda in Bu­raimi, a bor­der area with Dubai, which has a very small pop­u­la­tion, a re­port said.

On Au­gust 1, petrol prices in UAE went up, fol­low­ing the re­moval of gov­ern­ment sub­si­dies on fuel. The new prices for the month of Au­gust were an­nounced by the Min­istry of Energy on July 27 af­ter a high-level meet­ing with the of­fi­cials from the dis­tri­bu­tion com­pa­nies and the Min­istry of Fi­nance. Diesel prices have been re­duced from Dh2.90 to Dh2.05 per litre. The price of diesel has been re­duced by 85 fils per litre.

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