Fuel sales in Cyprus showed a slight increase in 2024, with petrol station sales rising 2.4 per cent to 682,790 tons compared to 2023, according to a report released by the state’s statistical service on Monday.

The data revealed that total petroleum product sales in 2024 increased by 0.6 per cent year-on-year.

Specifically, aircraft oil supplies rose 3.6 per cent, while heavy fuel oil, asphalt, gasoline, and diesel saw growths of 3.3 per cent, 1.2 per cent, 3.1 per cent, and 1.1 per cent, respectively.

However, oil supplies to ships declined by 4.4 per cent, and sales of kerosene, heating oil, and light fuel oil dropped by 7.1 per cent, 3.4 per cent, and 6.9 per cent, respectively.

The report also showed that sales at petrol stations surged by 3.2 per cent in December, reaching 60,834 tons.

In December alone, total petroleum product sales rose 3.4 per cent compared to November 2024, driven by higher gasoline sales (up 2.6 per cent) and an increase in kerosene (26.4 per cent) and LPG (23.9 per cent).

However, aircraft oil supplies fell 15.8 per cent, and traffic sales dropped by 2per cent.

Furthermore, December 2024 saw a 2 per cent decline in total petroleum product sales compared to the same month in 2023.

Drops were recorded in oil supplies to ships (-7.0 per cent), aircraft (-1.2 per cent), light fuel oil (-30.8 per cent), and asphalt (-17.5 per cent).

In contrast, kerosene, LPG, heating oil, gasoline, and motor oil all showed gains.

The total petroleum stocks at the end of December 2024 rose by 7.1 per cent compared to November 2024.