Press Releases

Annual Change in Sales 3,7%

In November 2023, the total sales of petroleum products amounted to 119.253 tonnes, recording an increase of 3,7% compared to November 2022. A rise was observed in the provisions of aviation kerosene (25,8%) as well as in the sales of heavy fuel oil (28,4%), road diesel (6,6%) and motor gasoline (6,0%). On the contrary, a decrease was observed in the sales of light fuel oil (-17,4%), asphalt (-5,2%), heating gasoil (-3,7%), kerosene (-2,9%) and liquified petroleum gases (-1,5%). As far as the sales from filling stations are specifically concerned, these have registered an increase of 4,5% to 56.282 tonnes.

The total sales of petroleum products in November 2023, compared to October 2023, recorded a drop of 8,7%. Indicatively, the provisions of aviation kerosene decreased by 40,5% and the sales of motor gasoline by 2,3%, while on the contrary, the sales of road diesel rose by 2,7% and so did the sales of heating oil (55,1%) and kerosene (88,6%). The total stocks of petroleum products at the end of November 2023 increased by 2,0%, compared to the end of the previous month.

During the period January – November 2023, the total sales of petroleum products marginally increased by 0,3%, compared to the corresponding period of the previous year.

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.

(GS/NG)