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August 2025 Fuel Sales Decline Slightly Year‐Over‐Year Amid Shifting Demand Dynamics

Recent data from the Statistics Agency reveals that overall fuel sales in August 2025 reached 123,378 tonnes, marking a modest 1.0% decline compared to August 2024. Month‐on‐month figures further highlight a 14.8% drop from July 2025, signaling notable shifts in demand across various fuel categories.

Sector Breakdown and Performance

Detailed analysis indicates significant contractions in several segments. Sales of heavy and light marine fuels experienced steep declines (-100.0% and -70.6% respectively), while asphalt, liquefied petroleum gas, diesel fuel, heating oil, and gasoline registered decreases ranging from -11.5% to -0.1%. In contrast, supplies for specialized applications saw growth, with marine fuel for ships increasing by 41.4% and aviation fuel by 12.8%.

Retail and Monthly Trends

Fuel sales from retail stations fell by approximately 1.1%, amounting to 54,605 tonnes during the month. A closer examination of the month‐to‐month performance reveals that marine fuel supplies dropped by 35.2%, diesel sales declined by 20.2%, and gasoline fell by 8.7%, even as aviation fuel supplies saw a slight rise of 1.5%. Additionally, overall petroleum stock levels decreased by 9.6% at the end of August compared to the previous month.

Year‐to‐Date Growth Amid Annual Shifts

Despite the August downturn, cumulative figures for January through August 2025 show a 3.8% increase in total fuel sales relative to the same period last year. This juxtaposition of short‐term declines against year‐to‐date growth underscores the complex market dynamics at play, driven by shifting consumption patterns and sector-specific variances.

Bank Of Cyprus Launches Cybersecurity Programme For Students In Limassol

Bank of Cyprus launched a cybersecurity initiative in Limassol as part of its “The Young Ask and Provide Solutions” programme, involving students in simulated cyberattack scenarios. The programme focuses on practical training in cyber defense and awareness of risks linked to digital infrastructure.

Innovative Collaboration And Real-World Challenges

In partnership with the Education Ministry and non-profit organization TechIsland, the programme provided a robust platform for young minds to confront realistic cyberattack simulations. Held at the modern Limassol regional offices of the Bank of Cyprus, the interactive space enabled 60 secondary school students from across the region to collaboratively tackle the complex threats facing national digital infrastructure.

Practical Exercises And Strategic Insights

Participants took part in workshops built around cyberattack scenarios. Tasks included identifying prevention strategies, planning response measures, and proposing public awareness approaches. The exercises focused on coordination and decision-making during cyber incidents.

Empowering Tomorrow’s Leaders

According to Elli Ioannidou, the programme is designed to combine theoretical knowledge with practical experience. She said the initiative aims to help students understand real-world challenges and develop problem-solving skills. Additional input was provided by Marios Stavrou, who noted that managing cyber incidents requires coordination across multiple teams and functions.

Building A Resilient Cyber Ecosystem

Experts, including Mathaios Panteli and Tanya Romanyukha highlighted the importance of early digital skills and cybersecurity awareness. Their comments focused on preparing the future workforce skills needed for managing digital risks. The programme forms part of broader efforts to strengthen cybersecurity awareness and education in Cyprus.

The Bank of Cyprus remains committed to investing in forward-thinking initiatives that inspire youth and enhance community awareness. Through these targeted efforts, the bank is not only addressing immediate security challenges but also contributing to a future where advanced technology and robust cyber defense mechanisms coexist seamlessly.

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