The difference between the base cost and retail price of petrol has widened significantly in Pakistan.
According to the latest calculations by the Oil and Gas Regulatory Authority, the gap is around Rs. 136.34 per litre.
The base cost of petrol currently stands at Rs. 254.96 per litre. However, consumers are paying Rs. 391.30 per litre at retail outlets.
This means additional charges account for a large portion of the final petrol price. These charges include taxes, levies, margins, and an exchange adjustment.
OGRA data shows that taxes, levies, and margins add Rs. 134.44 per litre. An additional exchange adjustment contributes Rs. 1.90 per litre.
The petroleum levy is one of the largest components of the additional cost. Consumers currently pay Rs. 80 per litre under this levy.
The price also includes a climate support levy of Rs. 5 per litre. Customs duty adds another Rs. 23.68 per litre.
An Inland Freight Equalization Margin is also included in the retail price. This component stands at Rs. 7.91 per litre.
Oil marketing companies receive a margin of Rs. 7.87 per litre. Dealers receive Rs. 9.98 per litre as their margin.
Together, these charges raise the final retail price well above the base cost. The structure shows how different components contribute to the amount paid by consumers.
The current retail price of petrol is Rs. 391.30 per litre. Its base cost is considerably lower at Rs. 254.96 per litre.
The difference between the two figures is Rs. 136.34 per litre. This includes the various government charges and industry margins.
OGRA regularly calculates the different components used in petroleum product pricing. These calculations provide a breakdown of the costs included in retail prices.
The latest figures also show a similar difference for high-speed diesel. Its base cost currently stands at Rs. 285.85 per litre.
The retail price of high-speed diesel is Rs. 408.53 per litre. This creates a difference of Rs. 122.68 per litre.
Taxes, levies, and margins account for this additional diesel cost. The figures highlight the impact of these components on petroleum prices.
The pricing structure applies to both petrol and high-speed diesel. However, the exact charges differ between the two products.
For consumers, the final retail price reflects more than the underlying product cost. Government levies, duties, freight adjustments, and distribution margins are also included.
The latest OGRA calculations provide a snapshot of the current pricing structure. Changes in taxes, duties, exchange adjustments, or other components can affect future prices.
Any revision in the retail price would depend on the applicable pricing mechanism. The figures may therefore change when the next pricing review takes place.
In other related news also read Rs100 Petrol Relief Registration Process Explained
For now, petrol remains priced at Rs. 391.30 per litre. High-speed diesel is priced at Rs. 408.53 per litre under the current structure.
