Saturday, March 21, 2015

Increased consumption of fuels: 4.4 percent in February – EN Journal

The February data show that the Portuguese consumed more fuel than the same period in 2014. The annual increase of 4.4 percent was mainly supported by diesel. Gasoline also recorded an increase in consumption, but much more moderate.

The data from the National Authority for the Fuel Market (TNGC), the regulator that ‘replaced’ the old EGREP showed an increase in fuel consumption in February compared to the same month 2014

The annual rise of 4.4 percent -. or more 865 562 tons of fuel – was supported, in most cases, by increased fuel consumption.

This fuel ‘climbed’ 5.5 percent compared to February 2014. There were over 343 000 tonnes, well above the 77 000 tonnes ‘the most’ registered in gasoline (0 , 9 percent), compared to the same month last year.

On an annual analysis (in this case, between March 2014 and February this year), the increase in diesel consumption was two percent, . while gasoline was up by 0.8 percent

As you climb consumption, lowers the price: still based on data from TNGC, the average selling price to the public (PMVP) fell 15 percent in diesel whose explanation is the “reduction of 32 per cent of the PST (price without fees / taxes) and by eight per cent increase in the absolute value of ‘ISP + Other’ in 2015, namely the contribution of Road Service and Additives by issue CO2 “, as quoted the report.

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