#AceFinanceNews – BETHLEHEM (Ma’an) – April 02 – Some gas station owners have begun buying fuel directly from Israeli dealers instead of buying it through Palestinian Authority’s General Petroleum Corporation, a union spokesman said Tuesday.
Suheil Jabir, spokesman for the union of West Bank gas station owners, told Ma’an that fuel bought directly from Israeli dealers is cheaper than fuel bought through official PA channels.
As a result, some gas stations owners have been buying fuel from Israeli dealers who smuggle fuel into the West Bank, Jabir said.
Smuggling fuel from Israel has a negative impact on the PA’s revenue, he said, explaining that about 65 percent of the money from fuel sales goes to the PA treasury.
Jabir said smuggled fuel arrives either through border crossings or from Israeli gas stations in illegal settlements.