This is the notable content in Decree 99/2020/ND-CP of the Government on penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading in Vietnam, effective from October 11, 2020.
Heavy fines for liquefied petroleum gas (LPG) exporters or importers trading bottled LPG in Vietnam (Internet image)
Article 36 of Decree 99/2020/ND-CP stipulates penalties for violations against regulations on trading conditions to be satisfied by petrol and oil exporters and importers in Vietnam as follows:
1. A fine ranging from VND 40,000,000 to VND 60,000,000 shall be imposed on an LPG exporter or importer trading bottled LPG for any of the following violations:
- Circulating LPG bottles under its/his/her ownership or LPG bottles hired under a contract without satisfying all conditions for circulation on the market;
- Failure to have LPG bottles or conclude a contract for hiring LPG bottles as prescribed.
2. A fine ranging from VND 60,000,000 to VND 80,000,000 shall be imposed on a gas exporter or importer for any of the following violations:
- Failure to have a wharf or a contract for leasing a wharf within Vietnam’s port system for at least 5 years whose use has been permitted by a competent authority as prescribed;
- Owning gas tanks or concluding a contract for leasing gas tanks that fails to satisfy the safety regulations as prescribed;
- Failure to have gas tanks or conclude a contract for leasing gas tanks as prescribed.
3. A fine ranging from VND 80,000,000 to VND 120,000,000 shall be imposed on a gas exporter or importer trading gas through pipelines without having a gas supply station that satisfies the safety conditions as prescribed by law.
4. A fine ranging from VND 120,000,000 to VND 160,000,000 shall be imposed for any of the following violations:
- Exporting or importing gas without a certificate of eligibility to act as a gas exporter and importer or an expired certificate of eligibility to act as a gas exporter and importer or after the suspension or revocation of such certificate, except for the case where the gas producing and processing entity satisfies the conditions applied to a gas exporter or importer as prescribed;
- Using the falsified certificate of eligibility to act as a gas exporter or importer;
- Leasing/lending or renting/borrowing the certificate of eligibility to act as a gas exporter or importer.
More details can be found in Decree 99/2020/ND-CP, which comes into force from August 26, 2020.
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