Although gas prices have been kept unchanged, the government is exploring alternative ways to pass on financial pressure to consumers, triggering renewed public concern. Federal Minister for Petroleum Ali Pervaiz Malik has indicated that a Rs4 per litre increase in the petroleum levy is under consideration as part of efforts to rein in the mounting circular debt in the gas sector.
The minister said the government aims to stabilise gas prices while addressing the gas circular debt, which has swelled to nearly Rs1.7 trillion. He added that authorities are working on a settlement plan to resolve the long-standing issue, which continues to strain the energy sector.
According to sources in the Ministry of Petroleum, the proposed increase in the petroleum levy could generate approximately Rs450 billion in additional revenue. The funds would be used to reduce pressure on the gas sector and prevent the debt from escalating further.
However, critics argue that while gas tariffs may remain unchanged, the higher levy would effectively shift the burden onto consumers through increased fuel costs. They say the move merely transfers the financial load rather than offering real relief.
The proposal comes amid persistent inflation, with rising living costs already squeezing household finances. Any additional charges, analysts warn, could further intensify the economic strain on the public.