Petron seeks passage of LPG bill


    Petron Corp. calls for the passage of the proposed LPG Bill after P5.1-million worth of the company’s liquefied petroleum gas (LPG) tanks were found to be illegally refilled.

    The company said replicated Petron Gasul cylinders were seized by the Philippine National Police-Criminal Investigation and Detention Group in separate raids in Cavite and Bulacan.

    Last June, P4.6 million worth of illegally refilled tanks were seized in Imus while another 180 were captured in Bacoor Cavite with an estimated value of P500,000.

    Another entrapment operation was conducted in Valenzuela City following a joint complaint filed with Isla Gas.

    The LPG Bill which seeks to penalize violators for illegal refilling, underfilling, hoarding and operating without a valid license with fines ranging from P5,000 to P10 million, is pending in Congress.

    The proposed law will cover the entire LPG value chain from bulk suppliers, refillers, brand owners, marketers, dealers and retailers.

    A 2014 Department of Energy slaps an administrative fine of P60,000 on violators and another P10,000 for every prohibited act or P5,000 per questionable cylinder, whichever is higher. – J. Macapagal