Draft Decree on petroleum business ensures rights for subjects

Responding to a reporter's question regarding the content of the Draft Decree replacing the Decrees on petroleum trading (Draft Decree), Mr. Phan Van Chinh - Director of the Domestic Market Department ( Ministry of Industry and Trade ) informed: Regarding the content that distributors do not cross-buy each other's goods, when building the Draft Decree, the drafting agency considered it very carefully.

In practice, through inspection, examination and investigation, the competent authorities recommended to the Ministry of Industry and Trade and the Government how to have regulations to ensure that petroleum management gradually moves towards the market but must cut out the intermediary stage to reduce costs. The Ministry of Industry and Trade has developed a Draft Decree with this consistent orientation.

Mr. Phan Van Chinh - Director of Domestic Market Department informed at the regular press conference. Photo: Can Dung

During the construction process, the Ministry of Industry and Trade received many opinions from businesses in general and distributors in particular. “ Businesses themselves are allowed to do anything that is not prohibited by law, however, for conditional business lines such as petroleum , businesses must fully comply with the conditions ,” Mr. Chinh stated.

In Decree No. 80/2023/ND-CP of the Government: Amending and supplementing a number of articles of Decree No. 95/2021/ND-CP dated November 1, 2021 and Decree No. 83/2014/ND-CP dated September 3, 2014 of the Government on petroleum trading, the Government approved the elimination of intermediary steps such as general agents. " Implement management according to the straight chain, not according to the horizontal chain ," said Mr. Chinh.

At the same time, the conditions to become a distributor and a retailer are completely different. In each segment, the business must meet the conditions of that segment, without discrimination.

A new point of the Draft Decree is to diversify the retail segment. “ Even the hanging of signs and logos is agreed upon by the two businesses according to the provisions of the law, the state does not interfere ,” Mr. Chinh informed.

The draft Decree on petroleum business is the content that the media is interested in at the press conference. Photo: Can Dung

Providing additional information about the Draft Decree, at the press conference, Deputy Minister Nguyen Sinh Nhat Tan said that when drafting the Draft Decree, the Ministry of Industry and Trade was very receptive and organized many conferences and discussions to collect comments. The Ministry of Industry and Trade will develop two options for distributors and seek comments from members of the Government. And with the current 30 focal points, it is possible to create a competitive market in the petroleum business sector.

Mr. Phan Van Chinh also said that for the subject of gasoline distributors, the Draft Decree has reviewed and removed many conditions, such as: Eliminating the regulation that distributors must reserve gasoline for 5 days, eliminating some regulations on storage...

On the contrary, the petroleum wholesaler increases the conditions to attach the responsibility of the wholesaler and create sources for distribution activities. Along with that is the application of digitalization in the control of the entire petroleum supply chain more easily and effectively.

Source: https://congthuong.vn/du-thao-nghi-dinh-kinh-doanh-xang-dau-dam-bao-quyen-loi-cho-cac-doi-tuong-354252.html