Petroleum Distribution Industry Requests Support for Current Issues from National Assembly Industry Committee Chair Lee Jae-jung
The Executive Committee Visits Chairman Lee on the 9th
On the 10th, the Korea Petroleum Distribution Association announced that it visited Lee Jae-jung, Chairman of the National Assembly's Industry, Trade, Energy, Small and Medium Enterprises Committee, the day before to explain the current issues in the petroleum distribution industry and requested cooperation and support at the National Assembly level. Chairman Lee expressed sympathy for the association's proposals and promised to work towards improvements.
Chairman Kim Jeong-hoon and other association officials requested ▲reduction of excessive government intervention in the petroleum distribution market and cessation of biased support for budget gas stations ▲reduction of gas station credit card fees (nominal 1.5%, effective 3%) ▲innovation of gas stations and support for opening and closing due to eco-friendly energy transition ▲regulatory improvements such as lifting restrictions on gas station usage and expansion of non-fuel businesses ▲enhancement of transparency and trust in government policies such as fuel tax reductions.
After listening to the association officials' remarks, Chairman Lee said, “Through the materials and explanations prepared by the association, I have come to understand the difficulties faced by the petroleum distribution industry well,” adding, “As the chairman of the Industry Committee, I will carefully review what can be done in the National Assembly and what can be done in consultation with the Ministry of Trade, Industry and Energy to find solutions.”
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Present at the meeting were Chairman Kim Jeong-hoon (CEO and Chairman of SJ), Vice Chairman Lee Jeong-su (CEO and President of Dongil Petroleum), Auditor Han Sang-eun (CEO and President of Joongang Enervis), Executive Vice Chairman Park Hyun-dong, and Executive Director Kim Jong-seok.
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