Mexico Fuel Theft Saga Costs Billions While Authorities Intensify Crackdown

The Federal Consumer Prosecutor’s Office (PROFECO) reported irregularities in the dispatch of fuels at 4 filling stations located in Guadalajara. According to the weekly report ¿Who is who the fuel prices are? The case with the largest fuel theft was found at the Atequiza S.A. de C.V. Service Station in the municipality of Guadalajara, where there was a lack of 1,798.60 milliliters per 20 liters of gasolines shipped. In this trade the personnel …

Mexico Fuel Theft Saga Costs Billions While Authorities Intensify Crackdown

A sprawling underground trade in stolen and mislabeled fuel drains Mexico’s treasury of billions of pesos yearly. Despite headline-grabbing raids and new monitoring tools, entrenched smuggling rings and patchy oversight threaten to distort the nation’s energy market. The post Mexico Fuel Theft Saga Costs Billions While Authorities Intensify Crackdown appeared first on LatinAmerican Post.

Visits: 7 The theft and smuggling of fuels in Mexico remains among the main red lights of the energy market, since it represents between 30% and 40% of the gasoline and diesel that are sold in the country with a damage to the economy of more than 150 billion pesos (about seven thousand 500 million dollars), according to experts to EFE this Sunday.

The theft and smuggling of fuels in Mexico remains among the main red lights of the energy market, representing between 30% and 40% of the gasoline and diesel that are commercialized in the country and a damage to the treasury of more than 150 billion pesos (about 6.850 million euros), according to experts to EFE. The energy consultant Ramsés Pech explained that this way of damaging the public finances and the state Mexican Oils (Pemex), known a…

Punto y Coma MX The ‘tax huachicol’ is also inserted inside the country, when the vending stations buy stolen gasoline and diesel and do not have an invoice that allows its legitimate traceability. The theft and smuggling of fuels in Mexico remains among the main red hotspots of the energy market, representing between 30% and 40% of the gasoline and diesel sold in the country and a damage to the economy of more than 150 billion pesos (about 7.5 …