ISLAMABAD: Pakistan’s government cut the petroleum levy on petrol and diesel by Rs 2.50 per liter while raising the Climate Support Levy by the same amount, leaving retail fuel prices unchanged, according to a notification issued Wednesday by the Ministry of Energy’s Petroleum Division.
The Director General (Oil) ordered the adjustment under a new S.R.O., which supersedes a notification issued June 26, effective from July 2. The move rebalances how much of the price at the pump is classified as petroleum levy versus climate levy, without altering the total amount consumers pay.
Under the revised rates, the petroleum levy on High Speed Diesel sold through retail outlets drops to Rs 77.04 per liter, while the Climate Support Levy on diesel rises to Rs 5 per liter. Petrol sees a similar shift, with its petroleum levy falling to Rs 64.14 per liter for retail sales and its climate levy climbing to Rs 5 per liter.
High-octane blending component and 95 RON motor spirit carry a petroleum levy of Rs 89.14 per liter for retail sales, alongside the Rs 5 climate levy. Superior Kerosene Oil and Light Diesel Oil remain unaffected by the climate levy, holding steady at Rs 20.36 and Rs 15.84 per liter, respectively.
Furnace oil carries a petroleum levy of Rs 77 per liter, plus a Rs 5 per liter climate levy.
