Decision No. 97/2008/QD-BTC On creating sources to address losses from mazut inventory at the time of July 21, 2008 for petroleum trading enterprises

Decision No. 97/2008/QD-BTC stipulates that petroleum trading enterprises are allowed to include in their selling price structure VND 500 for each kilogram of actual mazut consumption to address losses from mazut inventory at the time of July 21, 2008, applicable from November 1, 2008 to December 31, 2008.

Số hiệu97/2008/QĐ-BTC
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Finance
Người kýTrần Xuân Hà
Cập nhật28/06/2026
Lĩnh vựcCorporate Finance Management
Ngày ban hành31/10/2008
Ngày áp dụng31/10/2008
Ngày hết hiệu lực
Tình trạngIn effect
✦ Tóm lược thông minh

Decision No. 97/2008/QD-BTC stipulates that petroleum trading enterprises are allowed to include in their selling price structure VND 500 for each kilogram of actual mazut consumption to address losses from mazut inventory at the time of July 21, 2008, applicable from November 1, 2008 to December 31, 2008.

Đối tượng áp dụng

Petroleum trading enterprises

Các điểm cốt lõi

  • Petroleum trading enterprises are allowed to include in their selling price structure VND 500 for each kilogram of actual mazut consumption to create funds to cover the losses from mazut sales (corresponding to the losses from the quantity of mazut inventory at the time of July 21, 2008).
  • Implementation period from November 1, 2008 to December 31, 2008.
  • Commonly applied to all petroleum trading enterprises.

🌐 Tác động xã hội từ văn bản này

  • Petroleum trading enterprises will be financially supported to address losses from mazut inventory, reducing financial burdens.
  • However, this may increase the selling price of mazut for consumers.

❓ Câu hỏi thường gặp

How much money do petroleum trading enterprises get to address losses?

Petroleum trading enterprises are allowed to include in their selling price structure VND 500 for each kilogram of actual mazut consumption.

What is the duration of application of this decision?

This decision applies from November 1, 2008 to December 31, 2008.

Which petroleum trading enterprises does this apply to?

Commonly applied to all petroleum trading enterprises.

How are losses from mazut inventory addressed?

Petroleum trading enterprises are allowed to include in their selling price structure VND 500 for each kilogram of actual mazut consumption to create funds to cover the losses from mazut sales.

Is there a plan to continue addressing these issues after this decision expires?

The document does not mention plans to address these issues after this decision expires.

Toàn văn

MINISTRY OF FINANCE

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Number: 97/2008/QĐ-BTC

SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

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Hanoi, October 31, 2008

Pursuant to …;

Regarding the creation of funds to address losses from mazut inventory as of July 21, 2008 for petroleum distribution enterprises

-------------------------

THE MINISTER OF FINANCE

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 55/2007/NĐ-CP dated April 6, 2007 of the Government on petroleum trading;

Pursuant to Decision No. 57/2008/QĐ-BTC dated July 21, 2008 of the Minister of Finance on gasoline prices and other oil products;

At the proposal of the Director of the State Enterprise Financial Department and the Director of the Price Management Department,

DECISION:

Article 1. Petroleum distribution enterprises are allowed to include 500 dong per kilogram of actual mazut consumption in their selling price structure to cover the losses incurred from mazut sales (corresponding to the losses from the quantity of mazut inventory as of July 21, 2008) due to the implementation of the State's price stabilization policy.

Article 2. The implementation period is from November 1, 2008 to December 31, 2008, applicable to all petroleum distribution enterprises.

Article 3. This Decision shall take effect from the date of signing.

The Head of the Ministry of Finance’s Office, the Directors of the State Enterprise Financial Department and the Price Management Department, heads of relevant units, and General Managers (Directors) of petroleum distribution enterprises are responsible for enforcing this decision.

Place of Receipt:

- Prime Minister, Deputy Prime Ministers;

- Central Office;

- President's Office;

- National Assembly's Office;

- Government Office;

- Supreme People's Procuracy;

- SUPREME PEOPLE'S COURT;

- Department of Legal Document Inspection (Ministry of Justice);

- State Audit Agency;

- People's Committees of provinces and centrally governed cities;

- Ministries of Industry and Trade, Planning and Investment;

- Official Gazette;

- Provincial Departments of Finance under central cities;

- Petroleum distribution enterprises;

- Units under the Ministry of Finance;

- To be filed: VT, TCDN.

DEPUTY MINISTER

DEPUTY MINISTER

(signed)

Tran Xuan Ha

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