Africanian
  • Home
  • News
  • News 24/7
  • Business
  • Sports
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
  • Home
  • News
  • News 24/7
  • Business
  • Sports
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
Home Business

Business: Cameroon earned $66m per year since 2012 due to chemical marking of petroleum products

The Hydrocarbons, analyzes and controls company (Hydrac) takes stock of the fallout from the chemical marking of petroleum products, implemented in Cameroon since 2012.

Cameroon earned $66m per year since 2012 due to chemical marking of petroleum products
Share on FacebookShare on TwitterShare via Whatsapp

“  We can cite the reduction in fraud from 36% to less than 2% and the increase in state tax gains in this sector, ie around 40 billion FCFA [65.9 million $, Editor’s note] per year. There is also the preservation of vehicle engines and other production tools, as well as the reduction of environmental pollution and the preservation of the health of populations,  “said its director general, David Ekoume, in a recent interview published by the magazine. SNH Infos .

The marking of petroleum products, explains Mr. Ekoume, consists in the introduction of minute quantities of markers or tracers made from nanoparticles in petroleum products, according to their taxation and their destination. Unannounced and repetitive checks are then organized in the field using appropriate equipment, making it possible to detect almost instantly all forms of fraud.

Hydrac has been engaged in the control of the quality and quantities of petroleum products since its creation in 1982. As the means of control implemented to date, the company lists, among other things: quality control on imports and quantities of petroleum products, control of the quantities and quality of products in service stations on behalf of marketers, research into pollution in marketed petroleum products, loss audits on behalf of marketers, etc.

Source: energymixreport.com

RelatedPosts

Somalia transforms Doolow with a plan to support vulnerable households

Somalia transforms Doolow with a plan to support vulnerable households

December 4, 2025
Spain: Three women lead global innovation and communications at ReactID

Spain: Three women lead global innovation and communications at ReactID

November 28, 2025
Visa boosts global payments in USDC through Aquanow integration

Visa boosts global payments in USDC through Aquanow integration

November 28, 2025
Ghana transforms its agriculture thanks to Joshua Toatoba’s Model

Ghana transforms its agriculture thanks to Joshua Toatoba’s Model

November 20, 2025
Clean water restores dignity to rural communities in The Gambia

Clean water restores dignity to rural communities in The Gambia

November 10, 2025
DRC: Maluku, the new industrial zone driving resilience

DRC: Maluku, the new industrial zone driving resilience

November 7, 2025
Afriex and Visa Direct accelerate $669B in Remittances with Real-Time Payments

Afriex and Visa Direct accelerate $669B in Remittances with Real-Time Payments

November 6, 2025
NEPAD-IPPF: 20 years connecting Africa and transforming lives

NEPAD-IPPF: 20 years connecting Africa and transforming lives

November 5, 2025
Brazzaville gears up to shine in 2026

Brazzaville gears up to shine in 2026

November 4, 2025
Africanian News Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future.
If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to: [email protected]

News Categories

  • America (39)
  • Asia (131)
  • Business (1,232)
  • Culture (227)
  • Destinations (210)
  • Europe (153)
  • Food and Drink (14)
  • Guides & Tips (20)
  • Health (629)
  • Hotels (5)
  • Meetings and Tech (349)
  • News (2,534)
  • Opinion Piece (12)
  • Russia (73)
  • Science (62)
  • Sports (311)
  • Style (4)
  • Travel (145)
  • US (107)
  • World (422)

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to [email protected].

You can also subscribe to our mailing list to receive the latest updates from Africanian News.

Newsletter

© 2025 Africanian News.

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Meetings and Tech
  • World

© 2025 Africanian News.