Illegal Sales of Gas and Diesel Sold in the Philippines

The Department of Energy estimates that between $684 Million to $1.36 Billion (30 to 60 Billion Philippine Pesos) are lost in government revenue each year due to illegal oil smuggling in the Philippines. Up to 30 to 35 percent of gasoline and diesel sold in the country was smuggled and avoided taxes and duties.

Source: Amy R. Remo, “DOE closing in on oil smugglers, says official,” Inquirer, September 26, 2011.