Fuel consumption increases by 1.2%, overall, in 2014

A fuel consumption decrease in 2014 was more than offset by an increase in transportation and heating diesel consumption, leading to an overall 1.2 percent consumption increase, latest market data has shown.

Fuel consumption fell by five percent in 2014 but transportation diesel experienced an eight percent increase in demand, while transportation diesel consumption increased by four percent.

In terms of volume, fuel consumption fell to 3,322,943 cubic meters from 3,488,602 cubic meters. Transporation diesel demand increased to 2,928,618 cubic meters from 2,720,158 cubic meters. Heating diesel demand rose to 1,110,232 cubic meters from 1,062,544 cubic meters. In total, the consumption figure increased to 7,361,793 cubic meters from 7,271,304 cubic meters.

These consumption levels generated total tax revenues of 5.23 billion euros, 3.4 billion euros provided by a special consumption tax (EFK) and 1.8 billion euros raised by the VAT imposed on fuel.