17.55 Billion Liters of Fuel Marked in 2020

Despite the economic slow-down and quarantine measures in place due to the COVID-19 pandemic, the BOC and BIR, through its partners SGS Philippines and SICPA-SA, marked 17.55 billion liters of fuel from September 4, 2019 to December 31, 2020. This is equivalent to Php147.78 billion and Php23.94 billion of duties and taxes collected by BOC and BIR, respectively under the Fuel Marking Program.

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.

It is also worthy note that significant increase in volume declarations in gasoline, diesel and kerosene were observed through the implementation of the Fuel Marking Program. In 2017 and 2018, total volume declarations were 7.75 billion liters and 6.31 billion liters, respectively equivalent to duties and taxes collected of Php26.88 billion and Php39.79 billion. In 2019, total volume declaration was at 11.16 billion liters or an increase of 77 percent from the previous year. This is equivalent to Php111.18 billion or an increase of 179 percent of duties and taxes collected for the government.

Diesel comprises 61.54 percent of the total volume marked, followed by Gasoline with 37.93 percent and Kerosene with 0.53 percent. As to location, 74.08 percent of the marking was in Luzon, 20.92 percent in Mindanao and 5 percent in Visayas.

Since the first actual marking last 4 September 2019, twenty-two (22) oil firms are now marking for the second year of the program. Petron Corp. remains with the highest marked volume with 4.03 billion liters of fuel marked, followed by Pilipinas Shell Petroleum Corp. with 3.49 billion liters, Unioil Petroleum Philippines, Inc. with 1.84 billion liters, Seaoil Philippines, Inc. with 1.44 billion liters and Chevron Philippines, Inc. with 1.36 billion liters. Other participating companies were Phoenix Petroleum, Insular Oil, Total, Filoil, Jetti, PTT, Marubeni, Micro Dragon, Warbucks, Golden Share, High Glory Subic, ERA1, SL Harbor, Jadelink, SL Gas, Powerfill and Petrotrade.

For 2021, the BOC and BIR gears up for the implementation of the Field Testing phase of the program wherein diesel, gasoline and kerosene found in retail stations, tank trucks, vessels, depots and warehouses shall be tested for compliance under the Fuel Marking Program.