Challenges and needs

Illicit fuel trade is still a local issue requiring country-specific solutions

An estimated $133 billion worth of fuels are stolen, adulterated or defrauded from legitimate petroleum companies worldwide each year.

These criminal acts trigger equally significant losses for governments through subsidy abuse and tax evasion and the subsequent combustion of low-quality illicit fuel causes damage to the environment and impacts the health of the country's citizens.

This practice funds international crime, deprives governments of substantial tax revenues, jeopardises national security, harms the environment, damages vehicle engines, and reduces the attractiveness of foreign investment in the countries concerned.

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