Many countries face national fuel supply chain problems including smuggling, adulteration and dilution of fuels, all of which deprive governments of considerable tax revenue.
In order to prevent fuel fraud, fuel-marking programs are used by governments to mitigate tax evasion and subsidy abuse, minimize financial losses, and raise revenues. However, the fuel-marking programs available on the market involves mostly off-line monitoring. fuel samples taken from fuel stations are either sent to laboratories for inspection or analyzed by “bulky” mobile devices to check the integrity of the fuel. This off-line analysis methods bring about high operational costs.
Quantag developed a fuel tracking system utilizing its novel Quantum Tagging Technology against fuel fraud. Quantag’s novel sensors can be located to fuel transfer points all along the supply chain to perform real time integrity checks, from the refinery to the consumer.