oil and gas

Domestic demand for petroleum products rises 2% at end September 2022

December 1, 2022

TAP) - The domestic demand for petroleum products posted an increase of 2% between the end of September 2021 and the end of September 2022, to 3,411 ktoe, according to the monthly report on the energy situation at the end of September 2022, published by the National Observatory of Energy and Mines.

This rise is mainly due to measures taken by the government in 2021 to contain the spread of the COVID-19 pandemic. Thus, the observatory noted a jump in demand for gasoline by 7%, jet fuel by 77% and LPG by 5%. On the other hand, demand for petroleum coke fell by 18%.

The consumption of road fuels recorded a slight increase of 1% over the same period. It represents 64% of the total consumption of oil products. LPG consumption increased by 5% between the end of September 2021 and the end of September 2022.

The consumption of petroleum coke leapt by 18%, knowing that this product is used exclusively by cement factories and that it can be substituted by natural gas and heavy fuel oil. On the other hand, the consumption of aviation jets recorded a significant leap of 77% at the end of September 2022, compared to the same period of the previous year due to the revival of the activities of the air transport sector, which suffered the full impact of the Coronavirus pandemic.

// Total natural gas demand almost stable

Total natural gas demand was almost stable between late September 2021 and the end of September 2022 at 3858 ktoe. The need for electricity production decreased by 6%, while that for final consumption increased by 16%.

The electricity generation sector remains the largest consumer of natural gas (72% of total demand at the end of September 2022), as 98% of electricity generation is based on natural gas. The drop in demand from the electricity sector is due to the limited availability of natural gas and does not reflect the demand from the electricity sector.

For end uses (excluding power generation), natural gas demand increased by 16% to 1101 ktoe. Demand from medium and low-pressure customers increased by 5% and from high-pressure customers by 59%. This strong growth in high-pressure customers is mainly due to the partial substitution of petcoke by natural gas for certain cement plants.


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