Business petrol worried after the death of gasoline Ron 92

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Business petrol worried after the death of gasoline Ron 92

  • By: Landmark Holding JSC
  • Date: Jul 06, 2018
  • Comment: 0
At present, the situation of production and business of many petroleum enterprises are facing difficulties. Gasoline E5 has not attracted many consumers after a few days of “death” gasoline Ron 92. Although the business (coal) is difficult in the process of trading biofuel gasoline E5, but can not delay the real currently selling this gasoline.

Businesses have difficulty consumers with gasoline E5

Exchanging with Hung Phat Co., Ltd, representative of the company, said that in order to sell E5 petrol products to some subsidiaries, businesses must cut off the discount for agents. . As for agents, although the company sells at fixed prices, but cut more than a few hundred per liter. Therefore, preferential policies for businesses. At the same time, it is necessary to support the production, circulation and preservation of E5 petrol in order to reduce the pressure and difficulties of enterprises.

Not only is the problem on the consumer side, the death of Ron 92 gasoline, converted through biofuel E5 also entangled at the expense incurred for business. When bio-fuel is in stock for many days, the high loss rate and discount are not attractive. Meanwhile, businesses will have to invest the cost of converting the tank from the sale of fuel Ron 92 to E5 fee of about 30-35 million / tank.

The country has about 29 companies importing and trading petroleum. However, only 3 units of E5 biofuel blend are PV Oil, Petrolimex and Saigon Petro.

Currently, about 80% of the stores have only one petrol tank, one is purely for Ron 92 petrol. To switch to petrol E5 and A95 is forced to invest more tanks, machinery and equipment. This has an impact on the approved building design and fire safety regulations.

Along with that, in addition to material facilities, enterprises must have a new laboratory licensed blending. The investment cost for the lab can be up to 10 billion VND but not using full capacity should make the business discouraged. This led to the fact that there were petrol stations that opened their E5 petrol stations after some time stopped selling.

Determined to follow the route

After a few days, Ron 92 gasoline officially “die” to replace with bio-fuel E5. Before the business reasons for many difficulties in converting gasoline business Ron 92 to gasoline E5 to delay to sell gasoline A95. Representative of the Hanoi Department of Industry and Trade, Tran Thi Phuong Lan said that in order to implement the Prime Minister’s instruction on the conversion of Ron 92 petrol to E5 petrol, Follow the roadmap.

According to Tran Thi Phuong Lan, on the issue of ensuring profits when trading petrol E5, the Department of Industry and Trade suggested the wholesale enterprises provide the best price for retail businesses. Hanoi Market Management Department will push up the bar and inspect petrol and oil stores, ensure full compliance with business conditions, combat trade frauds and sell quality assurance goods. the interests of consumers. The Market Management Department will conduct a guideline to inspect the business of gasoline E5.

In this regard, Minister of Industry and Trade Tran Tuan Anh said that he had sent a report to the Prime Minister on reviewing the implementation of the E5 gasoline route nationwide. In particular, there are some conditions that need to be paid more attention and improve in the coming time to promote the consumption of biofuels. “For example, the coordination with the Ministry of Finance to consider creating a price difference between gasoline E5 and mineral oil to attract the distribution business of this gasoline.

Regarding environmental taxes, fees for E5 petrol as well as price differences between gasoline E5 and A95 (currently ranging between VND1,000 and VND1,200 per liter), Deputy Minister of Industry and Trade Hoang Quoc Vuong said that the Ministry of Industry and Trade Thuong is still working with the Ministry of Finance so that tax rates and prices continue to be more attractive, helping businesses as well as consumers prioritize choosing biofuel E5.

Source: https://www.xangdau.net/tin-tuc/thi-truong-xang-dau-viet-nam/doanh-nghiep-kinh-doanh-xang-dau-ban-khan-sau-ngay-khai-tu- xang-ron-92-57132.html

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