Fuel Prices China, Hong Kong

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Part of: GIZ International Fuel Price database

Fuel Pricing Policies

Local Currency: HKD
Exchange Rate: 7.75


Last Update:

The downstream fuels sector is open and liberal in Hong Kong. Prices are set independently by oil companies. The government tries to motivate more companies to enter the market by reducing legal and organizational barriers.

The Environment Bureau (http://www.enb.gov.hk/) publishes a long-term statistic for fuel prices, comparing the actual pump prices with the import price (where the Singapore spot market price is used as a reasonable benchmark; Hong Kong imports 100% of fuels). Customers can easily identify the resulting margins of oil companies.

Also, the official website http://www.consumer.org.hk/pricewatch/oilwatch/ offers a very convenient one-sight-overview over all up-to-date fuel prices of major retailer companies, leading to a higher pressure on the retailers competitiveness.

Some oil companies, e.g. Shell, publish their prices on their website.

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2011/05/01.

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Approx. Values.

The excise duty for gasoline is constant 6.06 HKD/litre. There is no excise duty on diesel fuels.

Source: http://www.shell.com.hk/ and http://www.enb.gov.hk/.

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Price Composition http://www.enb.gov.hk/en/about_us/policy_responsibilities/financial_monitoring.html#monitor3
Pump prices and margins http://www.consumer.org.hk/pricewatch/oilwatch/
Pump prices and margins http://www.enb.gov.hk/en/about_us/policy_responsibilities/financial_monitoring.html#monitor3


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de