Fatshimetry: when the downward trend in fuel transport raises questions
Fatshimetry is a worrying economic indicator that deserves special attention. Indeed, the figures recently published by the National Bureau of Statistics show a clear decrease in the volume of fuel transported in 2023. The 12.6% drop in the volume of Premium Motor Spirit (PMS), commonly known as gasoline, and the 16.9% drop in the volume of PMS transported by truck raise questions about the future of the country’s energy sector.
The figures are unequivocal: in 2023, the volume of PMS has fallen significantly compared to the previous year. This downward trend does not only concern gasoline, but also diesel and kerosene. While diesel imports have seen a slight increase, local production of this fuel is struggling to take off. Similarly, kerosene, although on the rise in terms of local production, raises questions about its consumption and demand on the market.
The reasons for this drop in fuel demand may be multiple. The transition to greener and more sustainable energies, the effects of the pandemic on the mobility of people and goods, or government policies aimed at reducing dependence on fossil fuels, may partly explain this downward trend. However, it is essential to analyze in more depth the factors that influence this phenomenon to anticipate the possible consequences on the national economy.
Beyond the figures, an entire industrial sector is impacted by this Fatshimetrie. Transport companies, refineries, distributors and consumers are all concerned by this downward trend in fuel transport. It is therefore essential to put in place appropriate policies and strategies to support this sector, which is essential to the country’s economy.
In conclusion, the Fatshimetry observed in fuel transportation in 2023 challenges and raises questions about the future of the oil and gas industry. It is necessary to study in depth the causes of this downward trend, in order to implement effective solutions to ensure the sustainability and viability of this sector crucial to the national economy.