News Local Fuel sales slow compared to 2017

Fuel sales slow compared to 2017

Fuel sales have slowed down in the first eight months of 2018, compared to 2017, a Statistical Service report reveals.

The figures show that sales of 95-octane gasoline were reduced by 3.2% or by 7,000 tons, compared to 2017.

Although, sales of 98-octane gasoline were increased by 10.7% or 1.500 tons and diesel sales increased by 4.6% or 7.700 tons, growth if slowing down.

Both the reduction in 95-octane gasoline sales and the low rate of sales of diesel do not correspond to the increase of vehicles in the streets. Specifically, there was an increase of 6% per year in diesel-powered vehicles but only a 3% increase in sales of diesel fuel.

The figures also show that fuel sales from Nicosia stations have dropped considerably, something that may point to the fact that residents of the capital use stations from the Turkish-occupied north.

Larnaca stations have also seen a decrease in sales, however Limassol and Paphos stations were not affected. According to Phileleftheros, this shows that reduction in fuel sales depends on the proximity of each city to the Turkish-occupied north.

Still with a slowing growing rate, overall sales of fuel have gone up, compared to 2017. A total of 401,000 tons of fuel were sold in the first eight months of 2018 compared to 399,000 tons in the first eight months of 2017.

The state collected €28.1 from tax this year, €200,000 more than 2017.

Read more:

https://in-cyprus.com/news/local/cypriots-spend-hundreds-of-thousands-of-euros-for-fuel-in-occupied-areas/

Top Stories

13-Cyprus back to double digits but no cases yet out of Larnaca and youth sampling programmes

  13 new cases of Covid-19 were detected in Cyprus in the past 24 hours out of a total of 3 thousand 220 diagnostic tests. The...

Police probe launched on Cyprus Investment Programme

  The Attorney General's Office has instructed police to start taking testimony in establishing possible criminal offences in the Cyprus Investment Programme following the conclusions...

Turkey issues latest NAVTEX in Aegean sea as tempers rise

  Turkey has continued its NAVTEX issuing tactics in the Aegean sea by issuing yet another maritime directive, this time involving a real fire military...

Paris knife attacker suspect confesses

  The man believed to have attacked and wounded two people with a meat cleaver is cooperating with the police and said he had targeted...

UK has no intention of approving direct flights to occupied north Cyprus

  The British government has once again officially made clear that it has 'no plans to approve direct flights between the UK and north Cyprus'. The...

Taste

Sheftalies

Sheftalies, a very tasty dish from the charcoal grill, are minced meat shaped into small sausages and wrapped in “panna” (suet). Panna is a...

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Souvlakia

Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...