The Government of Vietnam issued Decree 99/2020/ND-CP on penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading on August 26, 2020.
Heavy fines for violations against regulations on petrol and oil blending in Vietnam (Internet image)
Article 28 of Decree 99/2020/ND-CP stipulates penalties for violations against regulations on petrol and oil blending in Vietnam as follows:
- A fine ranging from VND 40,000,000 to VND 60,000,000 shall be imposed:
+ on a wholesaler that blends petrol and oil without registering its blending factory as prescribed; or
+ for blending petrol and oil at a place other than the place of manufacturing, blending factory or petrol and oil depot serving the domestic demand of the wholesaler.
- A fine ranging from VND 60,000,000 to VND 80,000,000 shall be imposed on a petrol and oil exporter or importer that blends petroleum products without having a laboratory fully capable of testing petrol and oil quality in accordance with national technical regulations as prescribed.
- A fine ranging from VND 80,000,000 to VND 100,000,000 shall be imposed for blending petrol and oil while not being a wholesaler.
More details can be found in Decree 99/2020/ND-CP, which comes into force from October 11, 2020.
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