Heavy fines for trading gas without having a certificate of eligibility to act as a gas trader in Vietnam

Heavy fines for trading gas without having a certificate of eligibility to act as a gas trader in Vietnam (Internet image)

Article 38 of Decree 99/2020/ND-CP stipulates penalties for violations against regulations on conditions to be satisfied by gas traders in Vietnam as follows:

- A fine ranging from VND 40,000,000 to VND 60,000,000 shall be imposed on a gas trader for any of the following violations:

+ Having gas tanks that fail to satisfy the safety regulations as prescribed;

+ Having LPG bottles that fail to satisfy all conditions for circulation on the market;

+ Failure to have gas tanks or conclude a contract for hiring gas tanks or LPG bottles as prescribed.

- A fine ranging from VND 60,000,000 to VND 80,000,000 shall be imposed for any of the following violations, except for the case specified in Clause 2 Article 39 of Decree 99/2020/ND-CP:

+ Trading gas without having a certificate of eligibility to act as a gas trader or with an expired certificate of eligibility for acting as gas trader or after the suspension or revocation of such certificate;

+ Using the falsified certificate of eligibility to act as a gas trader;

+ Leasing/lending or renting/borrowing the certificate of eligibility to act as a gas trader.

- A fine ranging from VND 80,000,000 to VND 100,000,000 shall be imposed on a trader trading gas through pipelines without having a gas supply station that satisfies the safety conditions as prescribed.

- A fine ranging from VND 100,000,000 to VND 120,000,000 shall be imposed on:

+ an LNG trader that does not have an LNG supply station or LNG filling stations for means of transport which fully satisfies the safety and fire safety conditions as prescribed; or

+ a CNG trader that does not have a CNG tank truck, CNG compressor station, CNG filling station or CNG filling stations for means of transport which fully satisfies the safety and fire safety conditions as prescribed.

In addition to being fined, the certificate of eligibility to act as a gas trader shall be suspended for 01 - 03 months.

More details can be found in Decree 99/2020/ND-CP, which comes into force from October 11, 2020.

Le Vy

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