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Sales of petroleum products at gas stations decreased

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Sales at petrol stations in December 2022 showed a decrease of 7.5% compared to the corresponding month of 2021, according to data released on Friday by the Cyprus Statistical Service.

Total petroleum product inventories at the end of December 2022 increased by 3.6% compared to the end of the previous month.  

Total petroleum product sales in December reached 118,203 tons, down 8, 7% compared to December 2021.

There was a decrease in commissions  oil in ships (-42.5%), as well as sales of asphalt (-55.4%), kerosene (-39.9%), heating oil (-18.8%) and motor oil (-1.8 %). On the contrary, an increase was recorded in the supply of oil to airplanes (13.5%), as well as in the sales of heavy and light fuel oil (62.8% and 4.3% respectively) and gasoline (0.2%).

< p>Total sales of petroleum products in the month of December 2022 compared to November 2022 increased by 2.8%. Indicatively, sales of gasoline (7.5%) and diesel (0.8%) increased, while, on the contrary, oil supplies to airplanes decreased (-15.0%).

Rise in total petroleum sales in 2022

Total petroleum sales in the year 2022 showed an increase of 9.9% compared to 2021. Oil supplies to planes and ships increased by 67.7 % and 8.0% respectively, while increases were also noted in the sales of light fuel oil (13.8%), heating oil (12.4%), LPG (10.3%) and gasoline (1.6%). On the contrary, reductions were observed in sales of asphalt (-26.5%) and diesel (-4.0%). In 2022, sales from petrol stations reached 654,073 tons, showing a slight decrease of -0.9% compared to 2021.

Source: www.reporter.com.cy

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