Press Releases

Annual Change in Sales +2,3%

In August 2023, the total sales of petroleum products amounted to 124.832 tonnes, recording an increase of 2,3% compared to August 2022. A rise was observed in the provisions of aviation kerosene (12,5%), as well as in the sales of kerosene (22,2%), motor gasoline (5,0%), road diesel (4,6%), liquified petroleum gases (3,7%) and heating gasoil (2,5%). On the contrary, a decrease was observed in the provisions of marine gasoil (-23,9%), as well as in the sales of light fuel oil (-14,9%) and asphalt (-9,3%). As far as the sales from filling stations are specifically concerned, these have registered an increase of 5,5% to 54.879 tonnes.

The total sales of petroleum products in August 2023 compared to July 2023 recorded a drop of 2,9%. Indicatively, the provisions of aviation kerosene fell by -2,3%, so did the sales of road diesel (-8,4%) and motor gasoline (-0,2%), while the provisions of marine gasoil increased by 50,9%. The total stocks of petroleum products at the end of August 2023 decreased by 11,0% compared to the end of the previous month.

During the period January – August 2023, the total sales of petroleum products dropped marginally by 0,1% compared to the corresponding period of the previous year.

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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, visit the CYSTAT Portal, subtheme Energy, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information, or contact Ms Nafsika Apostolou at telephone 22602199 or at e-mail address napostolou@cystat.mof.gov.cy.

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

(AP/ECHR)