Economy category powered by

Sales of petroleum products decrease in December 2024

The sales of petroleum products showed an annual decrease of 2% in December 2024 compared with December 2023.

According to CySTAT, in December 2024, the total sales of petroleum products amounted to 117.510 tonnes, recording a decrease of 2.0% compared to December 2023. A decline was observed in the provisions of marine gasoil (-7.0%) and aviation kerosene (-1.2%), as well as in the sales of light fuel oil (-30.8%) and asphalt (-17.5%).

An increase was recorded in the sales of kerosene (26.4%), liquefied petroleum gases (23.9%), heating gasoil (11.2%), motor gasoline (2.8%) and road diesel (0.4%). As far as the sales from filling stations are specifically concerned, these have increased by 3.2% to 60.834 tonnes.

The total sales of petroleum products in December 2024 compared to November 2024 recorded a rise of 3.4%. Indicatively, an increase was recorded in the sales of motor gasoline (2.6%), while the provisions of aviation kerosene dropped by 15.8% and the sales of road diesel by 2.0%. The total stocks of petroleum products at the end of December 2024 increased by 7.1% compared to the end of the previous month.

The total sales of petroleum products in 2024 marginally increased by 0.6% compared to 2023. The provisions of aviation kerosene rose by 3.6% and an increase was also recorded in the sales of heavy fuel oil (3.3%), motor gasoline (3.1%), asphalt (1.2%) and road diesel (1.1%).

On the other hand, a decrease was observed in the provisions of marine gasoil (-.,4%) and in the sales of kerosene (-7.1%), light fuel oil (-6.9%) and heating gasoil (-3.4%). In 2024, the sales from filling stations reached 682.790 tonnes, recording a rise of 2.4% compared to 2023.

(Source: CNA)

Read More

Makis Kervanos: Sanctions Unit will strengthen financial system protection
Trade deficit up 2.3% in first five months of 2025
Step-by-step: The Foreign Direct Investment screening procedure
Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit
Deputy Shipping Minister promotes Cyprus bid for IMO in London visit
Water from desalination plants in Moni on 22 July
Sklavenitis Cyprus honoured with Invest Cyprus International Investment Award
Marfields Group receives Invest Cyprus International Investment Award
"There is no limit to what we can achieve together," President Christodoulides tells international investors
Eurobank S.A. among top honourees at 13th Invest Cyprus International Investment Awards