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EO creating Port of
Limay not yet ready


By Genivi Factao

The Bureau of Customs yesterday said that the executive order (OE) creating the new collection district in the Port of Limay, which will handle bulk of Petron Corp.’s oil imports, is not yet ready.

"The Port of Limay will be a special port that will cater to crude and petroleum imports mostly from Petron and other oil firms like Oilink International Corp.," Commissioner Napoleon Morales said.

"Oil importations of Petron amount to about P30 billion a year. Petron’s depot in Limay supplies the demand for fuels all over the world," he added.

Petron services vital industries such as transport, manufacturing, shipping, and power generation in the country.

Morales explained that the Port of Manila will be affected, as some oil imports will be shipped directly to Limay. However, they are yet to assess the revenue collection in the said port hoping that it will help meets the bureau with its assigned collection.

"With the release of the EO, Petron and other importers can file import entry but, as of now it is being discussed in the cabinet meeting," he said.

He added that they would also ask the Department of Budget and Management (DBM) for the hiring of additional personnel in the said port.

The bureau has allocated a portion of its budget for the computerization requirements in Limay.

Atty. Lourdes Mangaoang, head of the x-ray scanning unit said, they can also detail mobile scanners when the need arisen.

"That’s why we have mobile scanning machine so that we can transfer it from one port to another. We can put x-ray in Limay if there are cargo operations and if the volume increase," Mangaoang said.

BOC has approved CAO 2-2008 on the creation of a new collection district in Port Limay in Bataan.

Meanwhile, BOC has ordered the issuance of warrants of seizure and detention of shipments of Oilink for failure to settle penalty amounting to P2.7 billion.

Morales, said the bureau cannot accept the compromise agreement as, the law does not allow them to compromise the penalty.

"We will only allow compromise if Oilink will ask for staggered payments," he said.

Asst. Commissioner Jun Ligon, chief of post entry audit group (PEAG) said the firm’s offer to settle the penalties in the amount of P15 million is too far from its administrative liabilities.

"They offer the settlement without allowing us to open their books and they made the offer in the middle of the game, when they knew they are losing in this case.. It’s really ‘too late the hero’," Ligon said.

   






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