STUDY: Half of the Imported Diesel in Moldova is Sold Illegally

STUDY: Half of the Imported Diesel in Moldova is Sold Illegally
Photo: washcycle.com
by
20 July 2021 | 15:19

The expert in economic policies from IDIS Viitorul, Veaceslav Ioniță, stated that the gray market for the sale of petroleum products, especially diesel, is growing. According to the expert, oil companies currently sell almost half of diesel, about 46%, to various companies for their consumption, only that most of these quantities of diesel is not used for consumption, but is sold illegally with no license or authorization that would allow them to sell petroleum products.

”Currently, in Moldova, almost half of the imported diesel is illegally sold. While the state imposed to gas stations a whole series of restrictions and taxes, the street vendors of diesel, illegally and without any permissive act and not paying any taxes, sell almost half of the imported diesel,” writes the expert on his blog.

Illegal diesel sales market shares.
Photo: ionita.md

“In these schemes of illegal sale of petroleum products, some oil companies participate very actively, due to the lack of any control by the competent state authorities,” says Veaceslav Ioniță.

The economist also states that the total volume of the gray and illegal market for the sale of petroleum products exceeds 5 billion lei (236 million euros).

The budget loses from the illegal selling of diesel annually in millions of lei.
Photo: ionita.md

“Since 2015 until now, only diesel of over 20 billion lei (950 million euros) has been sold through these schemes. The failures of the national public budget for this illegal activity of trading petroleum products, without any permissive act, amount to 200 million lei (9.5 million euros) annually. Only for diesel, from 2015 to 2020, the failures of the public budget are about 800 million lei (38 million euros),” the expert claims.

The economic analyst is of the opinion that the liquidation of the illegal trade with petroleum products would allow the increase of the budget revenues by up to 200 million lei (9.5 million euros) annually and will reduce the price of the petroleum product.

“This is one of several emergency measures that would allow the authorities to bring order to the market for petroleum products, to create an appropriate legal and competitive framework that would ultimately lead to the formation of fair prices for all consumers,” says the economist Veaceslav Ioniță.

AUTHOR MAIL eng.zdg@gmail.com

 .

TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

Several articles published by ZdG during 2021 have had an impact and led to opening criminal cases or sanctions. The investigation ”Concrete Instead of Trees in a Chișinău Forest” brought to the public’s…
TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

INVESTIGATION: The Army from which Recruits Flee

“I left the unit out of fear. I joined the army to do military service and not to let someone mock me. (…) The superiors reacted aggressively. I learnt nothing from the military service: I made repa…
INVESTIGATION: The Army from which Recruits Flee

ZdG Interview with Maia Sandu, President of Moldova

“Fighting corruption is a very important process that we engage to complete; the country’s strategy, however, must focus on education.” A year after the inauguration of Maia Sandu as President…
ZdG Interview with Maia Sandu, President of Moldova

OPINION POLL: A Year with Maia Sandu: “I think she has to put Shor, Plahotniuc, Platon in prison and take all their fortunes and give them to the people.”

On December 24, 2020, Maia Sandu pronounced her inauguration oath of office as President of the Republic of Moldova: “I swear to give all my strength and skill to the prosperity of the Republic of Moldova, to r…
OPINION POLL: A Year with Maia Sandu: “I think she has to put Shor, Plahotniuc, Platon in prison and take all their fortunes and give them to the people.”

OPINION POLL: 2021 is Leaving. What Would We Take with Us into 2022?

We say goodbye to 2021- a year full of question marks. Knock on 2022. How will it find us? More peaceful, more optimistic, more hopeful, or tired of waiting? It will be warm in the house, there will be bread on…
OPINION POLL: 2021 is Leaving. What Would We Take with Us into 2022?

New US Ambassador to Moldova Kent Doyle Logsdon has taken the Oath of Office

The new US Ambassador to Moldova, Kent Doyle Logsdon, took the oath of office on Wednesday, December 28, in Washington DC. Ambassador Logsdon will soon arrive in Moldova to lead the Embassy team in further stre…
New US Ambassador to Moldova Kent Doyle Logsdon has taken the Oath of Office