Fuel consumption in the six months to December last year dropped to the lowest level in at least five years, highlighting the impact of record-high pump prices amid the doubling of Value Added Tax (VAT).
Data from the Energy and Petroleum Regulatory Authority (Epra) shows that consumption of diesel, super petrol and kerosene fell five percent to 2.28 billion litres in the period compared to 2.4 billion litres used in the second half of 2022.
