Jet Fuel Price In Pakistan – Today Per Liter

Most travelers have no idea that the fuel powering their flight now costs more per liter than premium petrol. Yet the jet fuel price in Pakistan today per liter stands at a striking Rs. 471.01 – a figure that has jumped by over 120% in a relatively short period. This guide unpacks everything about aviation turbine fuel (ATF) pricing: current rates, why they change every two weeks, how taxes double the base cost, and what this means for airline tickets, cargo shipments, and private jet operators.

Key Takeaways

• Current rate confirmed: Jet fuel is Rs. 471.01 per liter as of April 18, following a Rs. 23.59 decrease from the recent peak of Rs. 494.71.
• Fortnightly revisions rule: OGRA and the Finance Division adjust prices every 15 days based on global crude, exchange rates, and freight costs.
• Taxes add over Rs. 125 per liter: The final price includes a petroleum levy of Rs. 60, GST of approximately Rs. 66, and customs duty of Rs. 15.
• Jet fuel is now the costliest fuel: It exceeds petrol by Rs. 104 and high-speed diesel by Rs. 117 – a reversal of historical norms.
• Airlines pass every rupee to passengers: A Rs. 10 hike in jet fuel adds Rs. 350–500 to domestic tickets and thousands to international fares.
• No subsidy for domestic flights: Unlike many countries, Pakistan offers no ATF subsidy; international carriers get GST exemption only.

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Jet Fuel Price In Pakistan – Today Per Liter

What Exactly Is the Jet Fuel Price in Pakistan Today per Liter?

The official jet fuel price in Pakistan today per liter is Rs. 471.01 for JP-1 (Jet A-1) grade. This rate took effect on April 18 and represents a 4.76% drop from the all-time high of Rs. 494.71 recorded just two weeks earlier.

How is JP-1 different from JP-8 and other grades?

• JP-1 (Jet A-1): Standard commercial aviation fuel. Freezing point of -47°C. Used by all passenger and cargo airlines. Current price: Rs. 471.01.
• JP-8: Military-grade fuel with additional anti-static and anti-icing additives. Costs roughly Rs. 3.50 more per liter (approx. Rs. 474.50).
• Aviation Gasoline (AvGas): For piston-engine planes. Leaded fuel with high octane. Priced above Rs. 650 per liter due to low demand.

What is the exact per-gallon price for international flight planning?

For operators using US gallons, the conversion is straightforward. Multiply the per-liter rate by 3.785.

• Per US gallon: Rs. 471.01 × 3.785 = Rs. 1,782.50
• Per UK gallon: Rs. 471.01 × 4.546 = Rs. 2,141.00

These gallon rates matter for foreign carriers and private jet charter companies that plan fuel uplift in imperial units.

Does the price vary between Karachi, Lahore, and Islamabad?

No. The ex-depot price is nationally uniform for all major airports. However, two subtle variations exist.

• Remote airports (Skardu, Gwadar, Turbat): Additional storage and road transport charges of Rs. 1–2 per liter may be embedded in the final invoice.
• Throughput discounts: Large-volume contracts (over 10 million liters annually) can negotiate 3–7% off the published rate, but the official notification remains Rs. 471.01.

How to verify today’s official price notification?

Three reliable methods exist to confirm the current rate.

• OGRA’s fortnightly price sheet: Published on the 1st and 16th of each month. Look for the section labeled “Aviation Turbine Fuel (ATF).”
• Finance Division notification: A formal government gazette document issued after each review.
• PSO depot price list: Updated within 24 hours of the announcement and available at all airport refueling stations.

Always cross-check using at least two sources before making operational decisions.

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Why Did the Price Drop by Rs. 23.59 on April 18?

The reduction of Rs. 23.59 per liter happened because three key drivers shifted in favor of lower prices over the 15 days leading to April 18.

What were the three primary causes of the decrease?

• Cooler geopolitical risk premium: Middle East tensions eased slightly, reducing the extra cost added to every barrel of ATF cargo.
• Lower Brent crude prices: Global oil prices fell by roughly 4% during the first half of April, directly lowering the import parity price.
• Stable PKR/USD exchange rate: The rupee did not depreciate further, preventing the usual currency-driven price increases.

What had pushed the price to a record Rs. 494.71 in early April?

The previous all-time high resulted from a perfect storm of negative factors.

• Red Sea shipping disruptions: Tankers rerouted around the Cape of Good Hope, adding 10–14 days of transit time and raising insurance premiums.
• Regional supply fears: Concerns about potential closures of the Strait of Hormuz added a risk premium of approximately $8 per barrel.
• Widening ATF crack spread: Refiners charged more to convert crude into jet fuel as summer travel demand ramped up globally.

How often does the government revise jet fuel prices?

The revision cycle is strictly fortnightly (every 15 days). The schedule is fixed.

• Review dates: The 1st and 16th of each month.
• Effective date: Midnight on the day of announcement (or the next working day if a weekend or holiday).
• Next scheduled review: May 1.

No unscheduled changes occur unless there is an extreme market event, which is rare.

Who actually regulates and sets the price?

Three entities share responsibility.

• OGRA (Oil and Gas Regulatory Authority): Calculates the import parity price using Platts Arab Gulf FOB quotes, plus freight, insurance, and port charges.
• Finance Division (Petroleum Wing): Determines the petroleum levy amount and issues the final price notification.
• PSO (Pakistan State Oil): Implements the price at airport depots and manages the physical supply chain.

What is the exact role of PSO in jet fuel supply?

PSO is the dominant player in aviation fuel logistics.

• Market share: Approximately 70% of all jet fuel sold in Pakistan.
• Infrastructure: Operates hydrant refueling systems at Karachi and Islamabad airports, plus storage tanks at 23 locations nationwide.
• Imports: Manages ATF cargoes through Port Qasim and Karachi Port Trust.
• Pipeline transport: Uses the White Oil Pipeline (WOP) to move fuel from Karachi to Mahmood Kot (near Lahore), reducing road transport costs.

Smaller suppliers like Byco and Shell account for the remaining 30% but rely on PSO’s storage for airport deliveries.

How does the PKR/USD exchange rate influence the per-liter cost?

Every liter of jet fuel is ultimately priced in US Dollars. The mechanism works like this.

• Step 1: International ATF price is set in USD per metric ton.
• Step 2: That price is converted to Pakistani Rupees using the interbank exchange rate.
• Step 3: A 1 Rupee depreciation against the USD adds Rs. 0.85 to Rs. 1.20 to the per-liter cost.

Example: If the rupee weakens from 295 to 300 per USD (a 5 Rupee drop), jet fuel prices rise by approximately Rs. 4.25 to Rs. 6.00 per liter.

Jet Fuel vs. Other Fuels: How Rs. 471.01 Compares

Many people assume jet fuel should be cheaper than petrol because it resembles kerosene. In reality, jet fuel is now the most expensive refined product in Pakistan.

Is jet fuel cheaper than petrol?

No. The comparison clearly shows the opposite.

• Jet fuel (JP-1): Rs. 471.01 per liter
• Petrol (Super): Rs. 366.58 per liter
• Difference: Jet fuel is Rs. 104.43 (28.5%) more expensive

How does jet fuel compare to diesel and kerosene?

• High-Speed Diesel (HSD): Rs. 353.42 per liter – Jet fuel is Rs. 117.59 higher.
• Kerosene (SKO): Rs. 428.81 per liter – Jet fuel is Rs. 42.20 higher.

Why is jet fuel more expensive than these other fuels?

Four technical and policy reasons explain the premium.

• Stricter refining specifications: Jet fuel must have a freezing point of -47°C, extremely low sulfur content (max 3,000 ppm, typically much lower), and high thermal stability. Diesel and kerosene have looser standards.
• Higher transportation costs: Jet fuel is often moved by road tankers to inland airports, while diesel and petrol flow through pipelines.
• Different tax treatment: The petroleum levy on jet fuel (Rs. 60) is higher than on diesel and petrol in some periods.
• No volume subsidy: Unlike diesel used for agriculture or kerosene for low-income households, jet fuel receives no government subsidy.

How does Pakistan’s jet fuel price compare to India and the global average?

The gap is substantial.

• Pakistan: Rs. 471.01 (approx. $1.60 per liter at 295 PKR/USD)
• India (Delhi): Equivalent to roughly Rs. 380–390 in PKR terms ($1.28–1.32 per liter)
• Global average: $0.85–0.95 per liter (Rs. 250–280)
• Dubai: Approximately $0.95 per liter (Rs. 280)

Pakistan pays nearly double the global average due to import dependence, currency weakness, and high taxation.

What about AvGas (Aviation Gasoline) prices?

AvGas 100LL is a niche product for piston-engine aircraft like Cessna 172s and Piper Senecas. Its price structure differs completely.

• Current AvGas price: Over Rs. 650 per liter
• Why so high? Very low demand (only a few dozen aircraft in Pakistan), specialized leaded formulation, and expensive import logistics.
• Not comparable: AvGas cannot be used in jet engines, and jet fuel cannot be used in piston engines.

The Complete Supply Chain and Regulatory Framework

Understanding who does what helps explain why prices move the way they do.

What does OGRA actually calculate?

OGRA uses a formula that includes five components.

• Platts Arab Gulf FOB price: The base cost of jet fuel at the loading port (e.g., Ras Tanura, Saudi Arabia).
• Ocean freight: Cost of shipping from the Gulf to Karachi, including insurance.
• Port charges: Wharfage, handling, and security fees at KPT or Port Qasim.
• Customs duty: A fixed percentage on the landed value (currently adding roughly Rs. 15 per liter).
• Dealer margin: PSO’s approved margin for storage and hydrant operations (approx. Rs. 10 per liter).

OGRA sums these, then the Finance Division adds the petroleum levy and GST.

How does jet fuel physically reach Multan, Quetta, or Peshawar?

The journey from ship to wing involves multiple steps.

• Import: A Very Large Crude Carrier (VLCC) or medium-range tanker discharges ATF at FOTCO or PSO’s jetty at Port Qasim.
• Storage: Fuel moves to coastal storage tanks with a capacity of over 100,000 metric tons.
• Pipeline transport: A portion flows through the White Oil Pipeline (WOP) to Mahmood Kot terminal near Lahore. This pipeline covers 800+ kilometers.
• Road tankers: From Mahmood Kot, trucks carry fuel to inland airports like Multan, Faisalabad, and Islamabad. For Quetta, tankers travel from Karachi directly.
• Aircraft refueling: At the airport, fuel moves from storage tanks to hydrant carts or refueler trucks, then into aircraft wings.

Are there price differences for international versus domestic airlines?

Yes, but only in tax application, not the base price.

• Base price (ex-depot): Rs. 471.01 for all customers.
• Domestic flights (e.g., Karachi–Lahore): Full 17% GST applies on top of the base price plus levy.
• International flights (e.g., Karachi–Dubai): Zero-rated GST for the portion of fuel uplifted for the international sector.

Example: A foreign airline refueling for a flight to London pays Rs. 471.01 × liters uplifted (no GST). PIA operating a domestic leg pays Rs. 471.01 × liters × 1.17.

Do cargo planes pay different rates than passenger planes?

No. The per-liter price is identical for all aircraft types and operators. Volume discounts apply based on annual consumption, not cargo vs. passenger designation.

Historical Price Movements and Volatility Patterns

Recent history shows extreme swings, with the lowest point near Rs. 214 and the highest at Rs. 494.71.

What was the highest jet fuel price ever recorded in Pakistan?

The record peak of Rs. 494.71 per liter occurred in early April. That high lasted only two weeks before the Rs. 23.59 cut brought it down to Rs. 471.01.

What was the lowest price in recent memory?

The low point of approximately Rs. 214 per liter occurred during a period of global crude collapse and a temporarily stronger rupee. Since then, prices have more than doubled.

Visual timeline of major movements (recent periods)

• Period of low crude: Rs. 210–250 – Stable global supply, weak demand post-crisis.
• Recovery phase: Rs. 310–350 – Crude prices normalized.
• Rising trend: Rs. 410–430 – Rupee depreciation and higher freight costs.
• Spike to record: Rs. 494.71 – Geopolitical risk premium added.
• Current price: Rs. 471.01 – Partial correction after risk premium eased.

How do Middle East tensions specifically impact Pakistan’s jet fuel market?

Pakistan imports almost all its jet fuel from or through the Middle East. When tensions rise in the Strait of Hormuz or Red Sea, three things happen.

• Higher insurance rates: Shipping companies add war risk premiums, passed to Pakistani buyers.
• Longer routes: Tankers avoid dangerous waters, adding 7–14 days of transit and burning more fuel themselves.
• Spot market spikes: Even if contracts are long-term, the Platts benchmark jumps, raising OGRA’s calculation.

The April spike to Rs. 494.71 directly reflected a temporary $8 per barrel risk premium that added roughly Rs. 30–35 per liter.

Will prices go down in the next fortnightly review?

Forecasting requires tracking three real-time indicators.

• Brent crude price: Currently in the high $70s to low $80s per barrel range. If it stays below $78, pressure is downward.
• PKR/USD trend: If the rupee remains stable between 293–298, no currency-driven increase.
• Geopolitical headlines: Any new conflict in the Middle East would reverse the downward trend.

Based on these, there is a 55–60% probability of a further small reduction (Rs. 5–10) on May 1. However, a sudden rupee drop could cancel that out.

Economic Ripple Effects: Ticket Prices, Airline Costs, and Cargo Rates

Fuel is the largest single expense for airlines, typically 35–45% of total operating costs. Every change in the per-liter price has immediate and predictable effects.

How much fuel does a Boeing 777 burn per hour?

A Boeing 777-300ER, the backbone of PIA’s long-haul fleet, has specific consumption rates.

• Cruise burn: 7,500–8,500 liters per hour depending on weight, altitude, and winds.
• Hourly fuel cost at Rs. 471.01: Rs. 3.53 million to Rs. 4.00 million.
• Karachi to Toronto (14 hours): 105,000–119,000 liters – total fuel cost Rs. 49.5 million to Rs. 56 million.

How much does an A320 consume on domestic routes?

The Airbus A320, used for routes like Karachi–Lahore, burns significantly less.

• Hourly burn: 2,400–2,600 liters
• Karachi–Lahore flight time: 1 hour 40 minutes
• Fuel per flight: Approximately 4,000 liters
• Fuel cost per flight: 4,000 × Rs. 471.01 = Rs. 1.88 million

How do jet fuel price changes affect ticket prices?

Airlines use a simple pass-through model. For every Rs. 10 increase in per-liter fuel price.

• Domestic economy ticket (e.g., Karachi–Lahore): Increases by Rs. 350–500
• Regional international (e.g., Karachi–Dubai): Increases by Rs. 1,500–2,500
• Long-haul international (e.g., Karachi–London): Increases by Rs. 3,500–5,000

Conversely, the recent Rs. 23.59 drop allows airlines to offer 8–10% discounts on promotional fares.

What is the fuel cost for a specific route: Karachi to London?

Detailed calculation for a Boeing 777-300ER.

• Distance: 6,500 kilometers (great-circle route)
• Fuel consumption: Approximately 75,000 liters (including reserves)
• Fuel cost at old peak (Rs. 494.71): 75,000 × 494.71 = Rs. 37.1 million
• Fuel cost at current rate (Rs. 471.01): 75,000 × 471.01 = Rs. 35.33 million
• Savings per flight after the cut: Rs. 1.77 million

Can private jet owners get discounted fuel?

Yes, but with conditions.

• Contract pricing: Private operators can negotiate a fixed-rate contract for 3–12 months, typically 3–5% below the published price.
• Minimum volume: Usually requires a commitment of 50,000–100,000 liters annually.
• No GST exemption: Private jets flying domestically pay the full 17% GST, unlike international commercial carriers.

How do higher jet fuel prices increase consumer goods costs?

Air cargo rates are directly indexed to fuel prices. The mechanism works like this.

• Fuel surcharge formula: For every Rs. 50 increase in jet fuel per liter, cargo rates rise by approximately $0.20 per kilogram.
• Example cargo flight: 80,000 kg capacity. A Rs. 50 hike adds $16,000 to the flight cost.
• Pass-through to retail: That $16,000 is distributed across individual packages. For a 1 kg smartphone, the added cost is $0.20 (approx. Rs. 60).
• Categories most affected: Pharmaceuticals (urgent, air-freighted), fresh fruits and vegetables, automotive spare parts, high-end electronics.

Breaking Down the Taxes, Levies, and Hidden Charges

Many people are shocked to learn that over 25% of the Rs. 471.01 price is pure government tax.

Is GST applied to jet fuel in Pakistan?

Yes, a 17% General Sales Tax (GST) applies to the sum of the base import price, customs duty, and petroleum levy. However, there is an important exception.

• Domestic flights: Full 17% GST applies.
• International flights: Zero-rated (no GST) on the portion of fuel used for the international sector.
• Refueling for domestic leg of an international carrier: GST applies only to that leg’s uplift.

What is the exact breakdown of Rs. 471.01 per liter?

Here is the complete component structure.

Note: The GST is calculated as 17% of Rs. 395 (base + duty + levy) = Rs. 67.15, but the official notification uses a slightly different base adjustment, arriving at Rs. 66.01. The above table reflects the published breakdown.

How often does the government revise the petroleum levy?

The petroleum levy is reviewed and reset every fortnight alongside the price notification. The legal range is Rs. 0 to Rs. 80 per liter. The government uses the levy strategically.

• When global prices drop: The levy may be increased to maintain revenue targets.
• When global prices spike: The levy may be reduced to soften the blow for consumers.
• Current levy: Rs. 60 per liter, which is in the upper half of the allowable range.

Who issues the official notification, and what does it contain?

The Finance Division (Petroleum Wing) issues a formal notification document. Each notification includes.

• Effective date and time
• Ex-depot price for each petroleum product (petrol, diesel, kerosene, jet fuel)
• Applicable petroleum levy per product
• Any changes to GST or customs duty
• Signature of the Finance Secretary or authorized officer

The notification is a public document and can be requested under freedom of information rules.

Practical Tools for Monitoring and Forecasting Jet Fuel Prices

For airlines, cargo operators, and corporate flight departments, knowing today’s price is not enough. They need to anticipate the next move.

How to build a simple jet fuel price monitor?

You can track three leading indicators with publicly available data.

• Brent crude futures: Check the front-month contract on any commodity tracking site. A $5 move in Brent changes Pakistani ATF by roughly Rs. 8–10 per liter.
• PKR/USD interbank rate: The rupee’s daily close is published by the State Bank. A 1 rupee change affects jet fuel by Rs. 0.85–1.20.
• Platts Arab Gulf jet fuel crack spread: This is more technical but available via energy data platforms. A $2 per barrel change in the crack spread alters local prices by about Rs. 3–4 per liter.

Combine these into a 15-day average to forecast the next OGRA notification with 90% accuracy.

How to calculate your flight’s fuel bill using a simple formula?

Use this three-step method.

• Step 1: Determine flight hours (block time from engine start to engine stop).
• Step 2: Multiply by your aircraft’s hourly fuel burn (available from the flight manual or performance software).
• Step 3: Multiply the result by the current per-liter price (Rs. 471.01).

Example for a 2-hour flight on an A320 (2,500 L/hr): 2 × 2,500 = 5,000 liters × 471.01 = Rs. 2,355,050.

Add 10–15% for taxi, takeoff, and climb contingency if planning a trip.

Where can you find the official notification without searching?

Three reliable channels.

• OGRA’s website: Look under “Media & Publications” → “Price Notifications.” Filter by “Petroleum Products.”
• PSO’s customer portal: Registered commercial accounts receive automated emails and SMS alerts.
• Newspapers’ business sections: Dawn and The News publish the new rates on the 1st and 16th in tabular form.

How to file a complaint about overcharging at an airport?

If a refueler charges more than the notified Rs. 471.01 (plus the allowed small margin), follow these steps.

• Collect evidence: Take a photo of the invoice and the fuel pump display.
• Note details: Date, time, airport, refueler company name, and invoice number.
• Contact OGRA’s complaint cell: Use the official complaint form on OGRA’s website or call the helpline listed in the notification.
• Expected resolution: OGRA typically investigates within 10 working days and orders a refund if overcharging is proven.

Regional Context and Future Outlook

Pakistan’s jet fuel pricing is shaped by factors that are unlikely to change quickly.

How does Pakistan compare to neighboring countries?

The regional ranking from most expensive to least expensive is as follows.

• Bangladesh: ~Rs. 520 PKR equivalent – Highest due to small volumes and high freight.
• Pakistan: Rs. 471.01 – Second highest.
• India (Delhi): ~Rs. 380–390 – Lower taxes and better port infrastructure.
• Sri Lanka: ~Rs. 350–370 – Recovering after economic crisis.
• Dubai: ~Rs. 280 – Subsidized local crude and no GST.

Why is the gap with India so large?

Two primary reasons.

• Tax structure: India imposes value-added tax (VAT) of only 1–4% on ATF at most airports. Pakistan’s effective tax (petroleum levy + GST) is over 20%.
• Freight advantage: India’s refineries (Reliance, BPCL) produce ATF domestically, while Pakistan imports nearly all requirements, adding freight and insurance.

What is the price forecast for the coming months?

Analysts use three scenarios.

• Optimistic scenario (price falls to Rs. 430–450): Brent crude stays below $75, rupee strengthens to 280–285, and no new geopolitical shocks.
• Base scenario (price stays Rs. 460–490): Brent trades $78–85, rupee in 290–300 range, tensions contained.
• Pessimistic scenario (price rises above Rs. 520): Middle East conflict expands, crude jumps above $95, rupee crashes beyond 320.

Will Sustainable Aviation Fuel (SAF) change pricing in Pakistan?

Not in the foreseeable future. Three barriers block SAF adoption.

• No blending mandate: Unlike the EU or some US states, Pakistan has no requirement for airlines to use SAF.
• No local production: SAF requires specialized facilities (HEFA or alcohol-to-jet) that do not exist in Pakistan.
• Prohibitive cost: SAF currently costs 3–4 times more than conventional jet fuel. At today’s rates, SAF would be Rs. 1,400–1,900 per liter.

Even globally, SAF accounts for less than 0.5% of jet fuel consumption. Pakistan will likely remain a conventional ATF market for the next decade.

How can airlines hedge against jet fuel price volatility?

Large consumers can use two primary hedging tools.

• Fixed-price uplift agreements: Negotiate a contract with PSO or another supplier that locks in a price for a specific volume (e.g., 5 million liters per month) for 3–12 months. A premium of 2–4% is typically added for this certainty.
• Inventory storage: If an airline has access to airport storage tanks, it can buy fuel in bulk during a low-price window and store it for future use. Storage capacity and safety regulations limit this option.

Smaller operators cannot hedge directly and must rely on fuel surcharges passed to customers.

Frequently Asked Questions (Based on Real Search Queries)

What is the current jet fuel price in Pakistan per liter?
Rs. 471.01 for JP-1 (Jet A-1) as of April 18.

How often does the government change jet fuel prices?
Every 15 days, on the 1st and 16th of each month.

Who regulates aviation fuel pricing in Pakistan?
OGRA calculates the price based on global benchmarks; the Finance Division approves and notifies it.

Is jet fuel cheaper than petrol in Pakistan?
No. Jet fuel (Rs. 471.01) is Rs. 104.43 more expensive than petrol (Rs. 366.58).

What is the difference between JP-1 and JP-8 prices?
JP-8 costs about Rs. 3.50 more per liter (approx. Rs. 474.50) due to military-grade additives.

Does PSO supply jet fuel to all airports in Pakistan?
Yes, PSO is the largest supplier with infrastructure at 23 airports, including exclusive hydrant systems at Karachi and Islamabad.

Why is jet fuel so expensive in Pakistan compared to India?
Higher taxes (petroleum levy + GST vs. low VAT in India) and import freight costs vs. domestic refining in India.

How does the PKR to USD exchange rate affect jet fuel prices?
A 1 rupee depreciation adds Rs. 0.85–1.20 per liter because jet fuel is imported in dollars.

Is there GST applied to jet fuel in Pakistan?
Yes, 17% GST applies to domestic flights. International flights are zero-rated.

What was the highest price of jet fuel in Pakistan?
The record high was Rs. 494.71 per liter, set in early April.

Disclaimer

All jet fuel prices and related data in this article are accurate as of the publication date (April 18). Fortnightly revisions occur on the 1st and 16th of each month. Always verify with the latest OGRA or Finance Division notification before making financial or operational decisions.