The Government has decided to stop the trading of diesel 0.25%S (DO 0.25%S) in the domestic market as of January 1, 2016 following the proposal from the Ministry of Science and Technology.
The Government has decided to stop the trading of diesel 0.25%S (DO 0.25%S) in the domestic market as of January 1, 2016 following the proposal from the Ministry of Science and Technology.
The decision aims to protect the rights of domestic consumers, protect the environment, prevent trade fraud and improve the management over fuel products.
Two types of diesel are being sold in the domestic market: DO 0.05%S (with sulphur (S) content not exceeding 500mg/kg) and DO 0.25S (with sulphur content not exceeding 2.500mg/kg).
The high content of sulphur in DO 0.25%S damages lubrication, reduces the life of engine and cause environmental pollution.
In addition, the higher price of DO 0.05%S compared to DO 0.25%S results in trade fraud and illicit profits. The simultaneous circulation of these two types of diesel also causes difficulties for quality management agencies as well as fuel dealers.
The deadline set for the stop in circulation of DO 0.25%S in early 2016 is believed to fit the national reserve and the plans of production, import and sales of DO 0.25%S of domestic enterprises.
(Source: Nhan Dan)
