Refineries told to pay Rs49/litre under new petrol rules
A federal cabinet revision locks ex-refinery petrol inputs at March levels for 30 days, shifting the cost of a Rs14.71 levy cut onto domestic refiners without prior talks.
The federal cabinet ordered refineries to put about Rs49 per litre into the petroleum levy account.
That payment is meant to offset a Rs14.71 per litre cut in the petroleum levy for consumers.
A Petroleum Division letter dated 30 October sets ex-refinery petrol inputs at 7 March 2026 levels for 30 days.
Refinery executives say the change was made without consultation and may force sales below cost.
Attock Refinery’s CEO warned the move undermines the Brownfield Refineries Up-gradation Policy.