The Petroleum Division on Wednesday night issued official notifications confirming that the revised petroleum levies took effect from July 1.
Here’s a cleaner and more natural news-style rewrite:
The government has increased the Climate Support Levy by Rs2.50 per litre, raising it to Rs5 per litre. Meanwhile, the Petroleum Levy on petrol and high-speed diesel has been reduced by Rs2.50 per litre. The same levy adjustments have also been applied to high-octane blending component (HOBC).
Here’s a more polished, publication-ready rewrite with a stronger news flow:
ISLAMABAD: The federal government has doubled the Climate Support Levy (CSL) on petrol and high-speed diesel (HSD) to Rs5 per litre while reducing the Petroleum Levy (PL) by the same amount, leaving retail fuel prices unchanged.
The Petroleum Division on Wednesday night issued notifications confirming that the revised levy structure took effect from July 2.
According to the notifications, the Climate Support Levy on petrol and HSD has been increased by Rs2.50 per litre, raising it from Rs2.50 to Rs5 per litre. An identical increase has also been imposed on the high-octane blending component (HOBC).
To neutralise the impact on consumers, the government has simultaneously reduced the Petroleum Levy on petrol, HSD and HOBC by Rs2.50 per litre.
As a result, the increase in the Climate Support Levy has been fully offset by the reduction in the Petroleum Levy, keeping the retail prices of petrol and diesel unchanged despite the revised tax structure.
The levy revisions follow the government’s latest fortnightly fuel price review, under which petrol and diesel prices were maintained at Rs299.50 and Rs311.47 per litre, respectively.
Last month, the government announced a significant reduction in petroleum prices, cutting petrol by Rs74 per litre and diesel by Rs67 per litre after international crude oil prices declined amid easing geopolitical tensions in the Middle East.
Prime Minister Shehbaz Sharif said the relief package was aimed at passing on the benefit of lower global oil prices to consumers.
The decline in crude prices followed the US-Iran peace agreement and the reopening of the Strait of Hormuz, a vital global energy shipping route that eased supply concerns and helped stabilise international oil markets.
At the same time, the price of kerosene oil was reduced by Rs48.29 per litre to Rs233.90.
Although retail fuel prices have remained largely unchanged since then, the government has continued to adjust the composition of fuel levies. Before the latest revision, the Petroleum Levy on diesel had increased from Rs72.97 to Rs79.54 per litre, while the levy on petrol had edged up from Rs66.25 to Rs66.64 per litre. The levy on kerosene has remained unchanged at Rs20.36 per litre.
This version is tighter, avoids repetition, and follows the style commonly used by major Pakistani English-language newspapers.
