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Decrease in petroleum product sales in January

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Total sales of petroleum products decreased in January, although there was an increase in sales from petrol stations, according to data from the Statistical Service released on Tuesday.

In January 2024, total sales of petroleum products reached 109,710 tonnes, marking a decrease of 0.9% compared to January 2023.

A decrease was recorded in the supply of oil to ships (-11.0%), as well as in the sales of light fuel oil (-19.3%), asphalt (-18.0%), kerosene (-8.0%), heating oil (-1.5%), and liquefied petroleum gas (-1.5%).

On the other hand, an increase was recorded in the supply of oil to aircraft (7.3%), as well as in the sales of diesel (5.5%) and petrol (3.9%).

“In particular, sales from petrol stations showed an increase of 3.4% to 54,635 tonnes,” it is noted.

Total sales of petroleum products in January 2024 compared to December 2023 decreased by 8.5%. Specifically, there was a decrease in the supply of oil to ships and aircraft (-26.0% and -5.3% respectively), as well as in the sales of petrol (-7.9%) and diesel (-6.4%).

Total petroleum product stocks at the end of January 2024 increased by 12.2% compared to the end of the previous month.

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