Total petroleum sales in Cyprus declined by 4.7 per cent in November 2024 compared to the same month last year, according to the Statistical Service, though kerosene sales saw a significant increase of 35.1 per cent and petrol station sales also rose.
The latest statistics on petroleum imports, sales and stocks show total sales reached 113,640 tonnes in November 2024.
The decline was driven by reduced bunker fuel supplies to ships (-13.9 per cent) and aircraft (-8.1 per cent), as well as lower sales of light and heavy fuel oil (-23.9 per cent and -6.3 per cent respectively), asphalt (-7.0 per cent) and diesel (-5.7 per cent).
However, increases were recorded in sales of kerosene (35.1 per cent), heating oil (18.6 per cent), LPG (13.7 per cent) and petrol (0.1 per cent). Petrol station sales specifically rose by 4.1 per cent to 58,587 tonnes.
Compared to October 2024, total petroleum sales in November decreased by 16.0 per cent, with notable declines in aircraft fuel supplies (-50.1 per cent), diesel sales (-10.2 per cent) and petrol (-8.8 per cent). Total petroleum stocks at the end of November were down 3.7 per cent from the previous month.
For the January-November 2024 period, total petroleum sales increased by 0.8 per cent compared to the same period last year.
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