Announcement by the Cyprus Statistical Service

Written by A. Antoniades on March 27, 2024. Posted in News.

Imports, Sales and Stocks of Petroleum Products – Annual Change in Sales 7,1 % – Feb 2024

In February 2024, the total sales of petroleum products amounted to 115.421 tonnes, recording an increase of 7,1% compared to February 2023. A rise was recorded in the provisions of marine gasoil (48,2%) and aviation kerosene (8,7%), as well as in the sales of asphalt (62,9%), heavy and light fuel oil (46,1% and 15,2% respectively), motor gasoline (9,5%) and road diesel (9,3%). On the contrary, a decrease was observed in the sales of kerosene (-34,5%), heating gasoil (-24,0%) and liquefied petroleum gases
(-12,6%). As far as the sales from filling stations are specifically concerned, these have registered a rise of 4,2% to 55.909 tonnes.

The total sales of petroleum products in February 2024 compared to January 2024 recorded an increase of 5,2%. Indicatively, a rise was recorded in the sales of road diesel (3,8%) and motor gasoline (1,6%), yet the provisions of aviation kerosene dropped by 4,9%.

The total stocks of petroleum products at the end of February 2024 fell by 13,4% compared to the end of the previous month.

View the full announcement here (PDF)