Energy, Gas, Latvia, Transport

International Internet Magazine. Baltic States news & analytics Monday, 23.10.2017, 21:59

Latvian gasoline imports drop 8.8% in 8 months; diesel fuel imports down 1.9%

BC, Riga, 11.10.2017.Print version
During the first eight months of 2017, Latvian gasoline imports dropped 8.8% from the first eight months of 2016, while diesel fuel imports declined 1.9% year-on-year, the Central Statistical Bureau reported LETA.

In January-August 2017, Latvia imported 194.082 million liters of gasoline and 951,084 tons of diesel fuel.


The value of eight-month gasoline imports rose 7.4% year-on-year to EUR 72.363 million in the first eight months of 2017, while the value of diesel fuel imports grew 23.9% year-on-year to EUR 415.47 million.


Lithuania was the main supplier of gasoline and diesel fuel to Latvia in the eight-month period.


In January-August 2017, Latvia imported 125.286 million liters of gasoline from Lithuania, or 64.6% (62.7% in January-August 2016) of total gasoline imports, while 64.472 million liters, or 33.2%, were imported from Finland. Compared to the same period a year ago, gasoline imports from Lithuania declined 6.1% and gasoline imports from Finland fell 14%.


In the eight months of 2017, Lithuania supplied 584,167 tons of diesel fuel to Latvia or 61.4% (46.2% in January-August 2016) of total diesel fuel imports. Diesel fuel imports from Lithuania grew 30.3% against the eight months of 2016. Diesel fuel imports from Finland contracted 21.3% to 236,812 tons, making up 24.9% of total diesel imports. Belarus supplied 8.5%, or 80,433 tons of diesel fuel, up 8% year-on-year.


During the first eight months of this year, Latvia also imported 712 tons of fuel oil, down 36.8% year-on-year. The value of fuel oil imports was EUR 271,000, and the whole amount was imported from Estonia.


In the eight months of 2016, Latvia imported 212.88 million liters of gasoline, 969,761 tons of diesel fuel and 1,128 tons of fuel oil.






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