Press Releases

In December 2023, the total sales of petroleum products amounted to 119.917 tonnes, recording an increase of 1,5% compared to December 2022. A rise was observed in the provisions of aviation kerosene (15,9%) as well as in the sales of heavy and light fuel oil (18,4% and 13,4% respectively) and asphalt (7,4 %). On the contrary, a decrease was observed in the provisions of marine gasoil (-10,6%) as well as in the sales of heating gasoil (-5,1%), liquified petroleum gases (-2,7%), road diesel (-2,6%) and motor gasoline (-1,6%). As far as the sales from filling stations are specifically concerned, these have registered a fall of 0,7% to 58.967 tonnes.

The total sales of petroleum products in December 2023, compared to November 2023, recorded a rise of 0,6%. Indicatively, the sales of kerosene rose by 104,2% and those of heating oil by 47,7%, while on the contrary, the provisions of aviation kerosene decreased by 21,7% and so did the sales of road diesel (-8,0%) and motor gasoline (-0,1%). The total stocks of petroleum products at the end of December 2023 increased by 2,2%. compared to the end of the previous month.

 During the year 2023, the total sales of petroleum products marginally increased by 0,4%, compared to 2022. The provisions of aviation kerosene rose by 15,2% and an increase was also recorded in the sales of heavy fuel oil (41,5%), asphalt (14,5%), motor gasoline (4,7%) and road diesel (4,4%). On the contrary, a decrease was observed in the provisions of marine gasoil (-28,0%) and in the sales of kerosene (-27,2%), heating gasoil (-12,7%), light fuel oil (-7,8%) and liquefied petroleum gases (-6,2%). In 2023 the sales from filling stations reached 666.793 tonnes, recording a slight rise of 1,9% compared to 2022.

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 22602199 or via email: 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)