Oil & Gas
Authentix—the Global Leader in Fuel Authentication Programs
The oil and gas industry is of critical concern for nations across the globe, providing both the fuel that drives transport and global distribution and the excise tax revenues that sustain governments and support national economies. But fuel adulteration, commingling, smuggling, franchise abuse and excise tax evasion pose serious threats to the revenues of governments and energy companies worldwide. Estimates place the losses in revenue from these illegal practices near $100 billion per year to governments and private companies. With such large revenues at risk, the integrity of the fuel supply and efficiency of fuel tax collection is of vital importance.
As the world’s foremost authority on fuel authentication technologies, Authentix has a proven track record of designing and implementing effective fuel authentication programs that consistently generate significant and rapid returns on investment—frequently within months of the program implementation. Our fuel integrity programs help clients quickly ascertain whether fuel is being sold illegally or being adulterated. These programs are built on a foundation of extensive fuel industry expertise which enables Authentix to accurately analyze distribution, identify and quantify areas of abuse, design and install sustainable solutions, and manage ongoing programs that ensure compliance and supply chain integrity.
Our comprehensive fuel authentication programs involve:
- Proprietary marking systems—nano-scale molecular markers and taggants which can be added to fuel at parts per billion levels
- Proprietary detection devices—including devices for both in-field use and laboratory analysis, and
- Complete program management capabilities—including data management and reporting via AXIS, our proprietary web based data management system for remediation purposes.
This unique combination ensures that Authentix provides our clients with unparalleled fuel integrity and the highest level of protection possible. Our patented marking technologies and programs can be applied to motor fuels as well as lubricants.