Penalties for administrative violations against regulations on petroleum, and petrol, oil and gas trading in Vietnam

According to Article 4 of the Decree No. 99/2020/NĐ-CP of Vietnam’s Government, on penalties and remedial measures: For each administrative violation against regulation on petroleum, petrol, oil and gas trading, the violator shall incur a main penalty being a fine. Maximum fine for a violation against regulations on petroleum exploration and extraction incurred by an individual and an organization is VND 1,000,000,000 and VND 2,000,000,000 respectively; maximum fine for a violation against regulations on petrol and oil trading incurred by an individual and an organization is VND 100,000,000 and VND 200,000,000 respectively.

Note: Depending on the nature and severity of the violation, the violator may also incur one or more of the following additional penalties:

- Suspension of the petrol and oil trading license or the gas trading license for 01 – 06 months or suspension of operation for 01 – 06 months;

- Confiscation of the exhibits and instrumentalities used for administrative violation commission;

- Deportation.

In addition to the abovementioned penalties, the violator may be liable to one or more of the following remedial measures:

- Enforced restoration to original condition;

- Enforced removal from the territory of the Socialist Republic of Vietnam or enforced re-export of petrol, oil and raw materials used for producing petrol, oil and gas;

- Enforced recall of LPG bottles, bottled LPG or mini LPG bottles that fail to meet the conditions for circulation on the market;

- Enforced return of the illegal benefits obtained from the administrative violations;

- Enforced carrying out of inspection, maintenance and replacement of LPG bottles and gas-fueled auxiliary equipment which are not safe for users;

- Enforced return of LPG bottles to the legal owners, managers or users.

View more details at the Decree No. 99/2020/NĐ-CP of Vietnam’s Government, effective from October 11, 2020.

Le Vy

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