Pakistan’s federal government has collected a record Rs. 3,137 billion in petroleum-related levies over roughly two and a half years.
The figures cover the period under Prime Minister Shehbaz Sharif’s current government, which took office on March 4, 2024.
Government documents show significant changes in fuel prices and levy collections during this period.
The figures also highlight the growing role of fuel-related charges in government revenue.
Petroleum Levy Collection Reaches Record Level
According to the provided figures, the government collected Rs. 1,220 billion in petroleum levy during FY2024-25.
Another Rs. 299.63 billion was collected between April and June 2024. The collection increased further during the following financial year.
Revenue from Petroleum Levies reached Rs. 1,567 billion during FY2025-26.
More than Rs. 50 billion was also collected separately through the Climate Support Levy.
Combined, these figures bring petroleum-related levy collections to around Rs. 3,137 billion.
Petrol and Diesel Prices Recorded Sharp Increases
When the current federal government took office, petrol was priced at Rs. 279.75 per litre.
High-Speed Diesel was selling at Rs. 287.33 per litre at that time.
Fuel prices later increased sharply amid disruptions in international oil markets. Petrol rose by Rs. 178.66 per litre and reached a record Rs. 458.41.
Diesel recorded an even larger increase during the period.
HSD climbed by Rs. 233.02 per litre and reached a historic Rs. 520.35. The sharp increase came during the Middle East fuel crisis and wider international market disruption.
Prices later declined from those record levels.
Petroleum Levies Remain Significant
As of September 4, 2026, petrol was priced at Rs. 349 per litre. High-Speed Diesel stood at Rs. 374.31 per litre, according to the provided figures.
Despite the decline from April’s peaks, taxes and levies continue to form part of retail fuel prices.
A petroleum levy of Rs. 80 per litre was being charged on both petrol and diesel. An additional Rs. 5 per litre Climate Support Levy was also being applied to both fuels.
This means Petroleum Levies remain an important source of revenue even after fuel prices declined.
Fuel Costs Continue to Affect Consumers
Higher fuel prices have wider consequences for households and businesses across Pakistan.
Transport expenses can increase when petrol and diesel become more expensive. Higher transportation costs can also affect the prices of goods and services.
Businesses that rely heavily on fuel can face increased operating expenses.
These costs can eventually contribute to broader inflationary pressures. The latest figures show the scale of revenue generated through Petroleum Levies during the current government’s tenure.
They also highlight the financial pressure fuel costs can place on consumers.
In other news read more about: Petrol Price Reduced For Three Days As Diesel Gets Costlier
Future fuel prices will continue to depend on international oil markets, government charges, and other pricing factors.
