Govt implements new petroleum, climate support levies

MG News | March 07, 2026 at 09:22 PM GMT+05:00

0:00

March 07, 2026 (MLN): The Government of Pakistan, through the Ministry of Energy’s Petroleum Division and the Oil and Gas Regulatory Authority (OGRA), has implemented a new pricing and levy structure effective from March 07, 2026.

This latest update supersedes previous notifications from late February and introduces specific rates for the Petroleum Levy and a new Climate Support Levy.

The adjustment aims to balance fiscal requirements with the costs of imported and refined petroleum products, with the Director General (Oil) determining rates across various fuel categories.

Products	Petroleum Levy (Retail)	Petroleum Levy (Direct)	Climate Support Levy
High Speed Diesel (HSD)	55.24	63.88	2.50
Motor Gasoline/Motor Spirit	105.37	114.01	2.50
H.O.B.C. (97 RON) & MS (95 RON)	105.37	107.52	2.50
Superior Kerosene Oil (SKO)	20.36	20.36	—
Light Diesel Oil (LDO)	15.84	15.84	—
Furnace Oil	77.00	77.00	2.50

In a strategic move for institutional logistics, OGRA has revised the prices for Kerosene Oil supplied to Pakistan Railways and Defence Authorities to a maximum sale price of Rs309.74 per litre.

This specific rate includes the ex-refinery price of Rs289.38 and the Petroleum Levy of Rs20.36 but excludes handling charges, cost of additives, and the Inland Freight Equalization Margin (IFEM).

For the general public, the retail price of Kerosene at the depot level has been fixed at Rs318.81 per litre, incorporating a distributor margin of Rs1.58 and an IFEM of Rs7.49.

This follows a significant move where the government increased the prices of petrol and High Speed Diesel (HSD) by Rs. 55 per litre, taking them to Rs. 321.17 and Rs. 335.86 respectively, yesterday.

Copyright Mettis Link News

Related News

Govt links fuel price adjustments to global oil surge

Petrol, diesel prices to increase by Rs55 per litre

Name	Price/Vol	%Chg/NChg
KSE100	157,496.10 196.19M	-2.30% -3714.58
ALLSHR	94,227.01 359.74M	-1.95% -1870.28
KSE30	48,330.20 95.67M	-2.92% -1451.54
KMI30	224,687.33 101.59M	-2.56% -5909.78
KMIALLSHR	60,839.09 199.88M	-2.16% -1344.18
BKTi	45,489.96 23.93M	-2.22% -1033.26
OGTi	32,083.47 15.22M	-1.82% -594.75

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,400.00	71,645.00 67,860.00	-3130.00 -4.38%
BRENT CRUDE	93.32	94.64 83.16	7.91 9.26%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-11.85 -10.65%
ROTTERDAM COAL MONTHLY	127.00	129.00 123.00	3.55 2.88%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	91.27	92.61 78.24	10.26 12.67%
SUGAR #11 WORLD	14.09	14.17 13.69	0.37 2.70%