Fuel theft, or shrinkage, is a common problem worldwide. It is estimated that businesses lose $144 billion each year from fuel theft and 95% of the time, an insider is responsible for such theft. Furthermore, the rate of theft accelerates as fuel prices climb, tempting more drivers & employees to steal fuel.

The reason fuel theft is so common is that fuel can easily be sold or consumed. Many fuel traders and transports complain that no matter how careful they are, fuel still gets stolen.

We have been in the fuel handling equipment business for over 35 years. Just when we feel we have seen it all, learn about new and clever ways these perpetrators come up with to steal fuel. From siphoning fuel gradually and adulterating it to tampering with flow meters and disabling anti-theft systems, one thing we can be sure of is that perpetrators will try just about anything to get to your fuel.

If fleet managers are able to decrease such thefts, it will help them in improving their business. In this write-up, we’ll be looking at how businesses and fuel storage facilities can better protect their commodity.

Tips to Securing your Tank Trucks and Storage Tanks

Sometimes security provisions are inadequate while other times, the person in charge may have simply forgotten to lock the tank or security gate at the end of their shift. Below are a few tips and products that can help you secure your tank.

Fuel Management Systems (FMS)

One of the best ways to improve the security of commercial diesel storage tanks is to use a Fuel Management System (FMS). Fuel management systems are designed to enhance fuel tank security and also to gain control over day-to-day fuel consumption. Additionally, fuel management systems will ensure that only authorized users can dispense fuel, and only authorized vehicles are being refueled. Protect your business with an efficient fuel management system (Fill Rite FMS – AYTC), browse our collection and get in touch with us to learn more.

Tank Level Gauging Systems

Tank gauging systems accurately monitors your tank in real time. Our highly intuitive, full color, icon based touch screen interface allow you to electronically monitor product level, water level, volume, five-point temperature, inventory, delivery, sales and shift information in real time. Our ATG is the ideal solution for both above ground and underground storage tanks.

Location and Positioning

Where your tank is located plays a significant role in determining how easy it is to steal from it. For example, if the tanker is located next a pathway, it inadvertently becomes a vulnerable target. Additionally, where your tank is located in your terminal is also crucial. The tank must be easily visible from the back office however, it should also be hidden away from thieves. While positioning the tank, be sure to place it in way that makes it easy to fill the tank or refuel the vehicles that are dependent on it. Similarly if a mobile tanker is parked inside the terminal and locked away especially after dark, your risk of theft is greatly reduced.