articles | 28 January 2015

Cyprus' fuel sales fall 3.8% in 2014

Total fuel sales fell 3.8% in 2014 to 1.3 million tonnes compared to 2013 mainly on a slump in the diesel sales, the statistical service said recently.

Sales of low sulphur diesel fell 3.8% last year to 249,801 tonnes compared to the year before, while respective sales of gasoil fell 9.9% to 77,308 tonnes, Cystat said in a statement on its website today. Sales of unleaded petrol 95 RON and 98 RON fell 2.1% and 7.7% to 322,709 tonnes and 18,057 tonnes respectively.

Sales of heavy fuel oil mainly to ships, fell 2.6% in 2014 to 160,433 compared to 2013, while the sales of aviation kerosene fell 1.7% to 232,793 tonnes respectively, Cystat said.

State owned power producer Electricity Authority of Cyprus imported last year a total of 755,151 tonnes of heavy fuel oil, 17% more compared to 2013, and 105,049 tonnes of diesel which was less than half of the quantity imported the year before, Cystat said.

Fuel stocks at the end of December were 77,766 tonnes, which was 4.5% lower than in the respective month of 2013.

Source: Cyprus Mail

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