Petrol consumers pay about Rs211.26 per litre in taxes and profit margins, making up roughly 46% of the total price.
Consumers are bearing a significant share of petrol costs through taxes and profit margins, which make up about 46% of the total price, according to an official document from the Ministry of Energy.
The disclosure comes a day after the government announced a sharp increase in petrol and diesel prices, amid disruptions in the global oil supply caused by the ongoing conflict in the Middle East.
Speaking at a press conference alongside Finance Minister Muhammad Aurangzeb on Thursday, Petroleum Minister Ali Pervaiz Malik announced a Rs137.23 per litre increase in petrol prices, bringing the new rate to Rs458.41 per litre.
High-speed diesel also saw a sharp rise, climbing by Rs184.49 per litre to reach Rs520.35 per litre.
According to an official document, petrol consumers are paying around Rs211.26 per litre in taxes and profit margins alone.
The breakdown shows the ex-refinery price of petrol at Rs247.15 per litre. It includes a petroleum levy of Rs160.61 per litre, Rs24.12 in customs duty, and Rs2.5 under the climate support levy, along with an inland freight margin of Rs7.52 per litre.
Additionally, Rs7.87 per litre is allocated as profit for oil marketing companies, while petrol pump dealers receive Rs8.64 per litre as commission.
In contrast, diesel consumers pay Rs59.12 per litre in total taxes and margins, accounting for 11.36% of the overall price. The ex-refinery price of diesel stands at Rs461.23 per litre, with no petroleum levy applied.
However, diesel pricing includes Rs35.74 per litre in customs duty, Rs4.37 as inland freight margin, Rs7.87 in oil marketing companies’ profit, Rs8.64 as dealers’ commission, and Rs2.5 under the climate support levy.
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