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Tuesday, April 30, 2024

Fuel consumption drops by 7.7% in first quarter

Average fuel consumption contracted by 7.7% to 138.9 million litres per day in the first quarter due mainly to the recurrence of Covid-19, says the Department of Energy Business (DOEB).

Consumption stood at 150.6 million litres per day during the same period last year.

Demand for almost all types of petroleum products, including benzine and diesel, dropped by 0.2-74%.

Jet fuel continued to see the most decline by 74% to 4.6 from 18 million litres on daily average, followed by a 31.2% contraction of compressed natural gas to 3,300 from 4,800 tonnes per day on average in the first quarter of last year, said DOEB chief Nantika Thangsuphanich.

Petrol, including unleaded gasoline and gasohol, fell by 0.2% to 31.1 million litres per day.

Diesel consumption also went down by 0.6% to 67.2 million litres per day.

However, fuel oil consumption grew by 29% to 5.4 from 4.2…

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