According to data released by the Statistical Service on Monday, the total amount of sales of petroleum products in May 2022 amounted to 120.906 tonnes, recording a rise of 34% compared to May 2021.

An increase was observed in aviation kerosene (235.2%) and marine gasoil (58.5%), as well as in the sales of heavy fuel oil (100.7%), heating gasoil (53.2%), liquified petroleum gases (32.5%), motor gasoline (14.1%) and road diesel (8.1%). On the other hand, a decrease was recorded in the sales of asphalt (-13.4%) and kerosene (-3.3%). As far as the sales from filling stations are concerned, there was a registered increase of 11.8% to 53,810 tonnes.

Total sales of petroleum products in May 2022 compared to April 2022 recorded a rise of 7.2%. Indicatively, the provisions of aviation kerosene rose by 9.0%, the sales of road diesel by 15.1% and those of motor gasoline by 12.3%. The total stocks of petroleum products at the end of May 2022 rose by 20.3% compared to the end of the previous month.

During the period January – May 2022, the total sales of petroleum products increased by 24.3% compared to the corresponding period of the previous year.

Petroleum reserves

Moreover, according to the Statistical Service, total oil reserves at the end of May 2022 increased by 20.3% compared to the end of the previous month. However, compared to the end of May 2021, total petroleum reserves recorded a reduction at the end of May 2022 by 17.1%, falling to 87,172 tons compared to 105,192 tons at the end of May 2021.

Source: Knews