Sales of petroleum products drop by 35.1% in February 2021

Total sales of petroleum products amounted to 84,216 tonnes, recording a decrease of 35.1% compared to February 2020, according to data released Monday by the Statistical Service of Cyprus.

A fall was observed in the provisions of aviation kerosene by 80.4%, as well as in the sales of motor gasoline by 20.9% and road diesel by 1.6%. As far as the sales from filling stations are specifically concerned, these have registered a fall of 14.2% to 49.414 tonnes.

The total sales of petroleum products in February 2021 compared to January 2021 recorded a drop of 5.8%. A decrease was recorded in the sales of light fuel oil (-52.1%), kerosene (-15.8%), asphalt (-12.8%), liquefied petroleum gases (-7.5%), heating gasoil (-5.3%) as well as in the provisions of marine gasoil (-26.2%) and aviation kerosene (-7.9%). On the contrary, an increase was observed in the sales of motor gasoline (17.4%), road diesel (14.0%) and heavy fuel oil (33.2%).
 
The total stocks of petroleum products at the end of February 2021 recorded a decrease of 1.1% compared to the end of the previous month.
 
During the period January – February 2021, the total sales of petroleum products recorded a fall of 33.4% compared to the corresponding period of the previous year.