March 6, 2021

Fuel consumption plummeted 25% in March and registered its lowest level since January 1999


MADRID

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The automotive fuel consumption plummeted 25.2% yoy in March, month in which from day 14 Spain went into alarm to stop the spread of the coronavirus, and recorded its lowest level since January 1999. As reported on Friday by the Strategic Reserves Corporation for Petroleum Products (Cores), the consumption of automotive fuels was last month at 1.76 million tons.

Gasoline fuels had the greatest decrease in March, with a drop of 34.4%, to 276,000 tons (the lowest consumption since February 1973); while diesel consumption was 23.2% lower than in March 2019, with 1.49 tons, which constitute the lowest consumption figure since February 2002.

In this way, the consumption of automotive fuels in the first quarter of 2020 suffered a decrease of 7.5%, to 6.28 million tons., Compared to the same period of 2019, and gasoline decreased so much (7% ), with 1.1 million tons, like diesel (7.6%), with 5.17 million tons.

In March, the consumption of all petroleum products fell, with the exception of liquefied petroleum gas (LPG), which registered an increase of 18.3% compared to the same month last year.

The greatest fall was suffered by kerosenes (used in aviation), with a drop of 43.6%; followed by fuel oils (36.6%), gasoline (34.5%) and diesel (8.3%).

In the accumulated figure for the first quarter of 2020, the consumption of all petroleum products decreased compared to the same period in 2019.

The smallest decrease is registered by LPG (0.2%) and the greatest by fuel oils (34.3%); while gasoline consumption fell 7%; that of kerosene, 14.9%, and that of diesel fuels, 0.3%.

On the other hand, natural gas consumption fell 6.9% in March compared to the same month the previous year and was 29,060 gigawatt hours (GWh).

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