Press Releases

Annual Change in Sales 7,1 % 

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.

Methodological Information

Scope and Coverage

The collection of data on Imports, Sales and Stocks of Petroleum Products is carried out on a monthly basis.

It concerns the sales of petroleum products from filling stations and the sales to government departments, to the British Bases and the United Nations, to ships and to other customers, as well as the stocks held at the end of each month. Only the petroleum companies are being covered. Additionally, the imports of petroleum products imported directly from the Electricity Authority of Cyprus (EAC) and the manufacturing industry are also included.

Data Collection

The collection of data is conducted by the Statistical Service on a monthly basis by electronically receiving a purpose-designed questionnaire from each of these companies.

For more information please visitCYSTAT Portal, subtheme Energy, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information or contact Ms Nafsika Apostolou: Tel.: +35722602199, E-mail: napostolou@cystat.mof.gov.cy

The Predefined Tables, available in Excel format, include data up to December 2022. Data from January 2023 onwards are available only in the CYSTAT-DB Online Database. 

(IA/NZ)