Portugal: Fuel consumption down 2.4% in January

Page created: Tuesday, 23 February 2016 8:43 GMT

ENMC  Fuel Consumption  Price of diesel

Lisbon, Feb. 22 (Lusa) – Fuel consumption fell 2.4% year-on-year in January, the month when the price of diesel bottomed out at the all-time low of €0.976 per litre, ENMC – the national regulator – reported Monday.

The statement reported that the decline was above all due to the drop in diesel consumption that fell an annualised 6.5% to 78,822 tons in January.

In turn, regular gas consumption stood at 355,168 tons, a year-on-year slide of 1.4%.

January saw the price of diesel fall €0.05.4 cents on December of last year, hitting the historical low of €0.976 per litre in the week beginning January 25 before fuel duty levies picked it back up again.