Latest update March 28th, 2024 12:59 AM
Apr 06, 2016 Letters
Dear Editor,
The fuel marking program in Guyana using Authentix technology has been in operation since 2003. Authentix has over 20 years’ experience in deploying fuel marking programs similar to the GEA program, having marked well over one trillion liters of fuel. Today Authentix supports programs for some of the largest oil companies and oil producing countries in the world, helping them combat fuel adulteration, commingling, smuggling, franchise abuse, and excise tax evasion. We take lessons learned and technology developments from these government and commercial programs and apply them in continuous improvement efforts across all our programs. In Guyana, we provide technology, training, technical support and auditing of program operations to enable the GEA to deliver an effective program for the people of Guyana. Testing results made publicly available in Guyana, demonstrate that the GEA has been truly effective in reducing adulteration of taxed fuel, allowing the government to collect the taxes rightfully due – reducing evidence of dilution from near 30% of samples collected to consistently less than 3%.
A key element of our support to the GEA program is regular auditing of operations to ensure procedures are properly followed, adequate program security measures are in place, and all equipment and marker inventory is properly accounted for. Our experience with the GEA’s CEO, Dr. Sharma, has been that he has been vigilant in identifying existing or potential issues and requesting assistance from Authentix to put corrective measures in place to address them. Additionally, when Authentix has found any issues in audits conducted twice yearly, we have received the full attention and cooperation from Dr. Sharma to identify the root causes of those issues and put the appropriate action plans in place to address them. The audits include thorough reviews of the procedures that cover how the fuel is to be marked, how field samples are to be taken and handled, and the field and laboratory testing procedures.
The audit also includes a review of records and procedures that cover the security measures to be used to account for and protect both the fuel marker inventory and the analyzers used to test fuel samples. The procedures in place in Guyana are consistent with the best practices of Authentix’ largest customers. Any deficiencies or deviations from procedures noted during an audit, whether operational or in the record keeping, are documented in writing along with the corrective actions needed. The GEA personnel act on these findings to improve the effectiveness of the overall program. Authentix also provides consulting services to the GEA on an as needed basis to address any specific issues that may impact the programme’s success
The GEA and Authentix have cooperated for the last decade to help create a legal fuel market in Guyana and to prevent tax evasion. Authentix is committed to the continuation of fuel marking program and providing the GEA with technology and support services for the benefit of the citizens of Guyana. The actions and work ethic I have seen demonstrated by the GEA leadership is consistent with this ultimate goal of benefiting the citizens of Guyana.
Kevin A. McKenna
President, Oil & Gas
THIS IDIOT TELLING GUYANA WE HAVE NO SAY IN THE 50% PROFIT SHARING AGREEMENT WE HAVE WITH EXXON.
Mar 28, 2024
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