Hong Kong Government: HK$12 Diesel Subsidy per Liter Starting April 30
The Hong Kong government announced a HK$3 (approximately NT$12) per liter subsidy for automotive diesel fuel, effective for two months from April 30, to cope with rising oil prices. Additionally, a HK$0.5 per liter subsidy will be provided for two months to LPG taxis, minibuses, and school buses starting in May.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 21:41
- 🔍 Collected: April 29, 2026 at 22:01 (19 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 23:10 (1h 9m after Collected)
Central News Agency
(Central News Agency, Taipei 29th) Hong Kong's Financial Secretary Paul Chan announced today that a subsidy of HK$3 (approximately NT$12) per liter will be provided for automotive diesel fuel for two months, starting from 0:00 on April 30, in response to soaring oil prices after the US-Iran conflict. Additionally, a subsidy of HK$0.5 per liter will be provided for two months to taxis, minibuses, and school buses using liquefied petroleum gas (LPG) starting in May, with the specific implementation date to be announced later.
According to Hong Kong media reports, Paul Chan announced these fuel subsidy measures to the media after attending a Legislative Council meeting this evening.
Chan stated that the Hong Kong government's proposal in early April to provide a HK$3 per liter subsidy for automotive diesel fuel for two months, with an estimated cost of HK$1.8 billion, was approved by the Legislative Council Finance Committee today. This subsidy measure will be effective from 0:00 on April 30 until 23:59 on June 29, directly benefiting users.
He added that starting in May, the cap price for LPG in Hong Kong will rise by over HK$1 per liter, an average increase of more than 28%. Considering that most Hong Kong minibuses and taxis use LPG, and to account for the impact on public services, a HK$0.5 per liter LPG subsidy will be provided for two months, with the implementation date to be announced separately.
Chan said that the LPG subsidy is estimated to cost approximately HK$38 million, and the Hong Kong government will reallocate internal resources, which has been adopted by the Chief Executive.
He stated that the Hong Kong government will closely monitor the impact of the Middle East conflict on energy prices and the macro economy. The primary task is to ensure stable energy supply and smooth economic operation in Hong Kong, and to have sufficient room and capacity to meet challenges. (Edited by Chiu Kuo-chiang/Yang Sheng-ru) 1150429
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(Central News Agency, Taipei 29th) Hong Kong's Financial Secretary Paul Chan announced today that a subsidy of HK$3 (approximately NT$12) per liter will be provided for automotive diesel fuel for two months, starting from 0:00 on April 30, in response to soaring oil prices after the US-Iran conflict. Additionally, a subsidy of HK$0.5 per liter will be provided for two months to taxis, minibuses, and school buses using liquefied petroleum gas (LPG) starting in May, with the specific implementation date to be announced later.
According to Hong Kong media reports, Paul Chan announced these fuel subsidy measures to the media after attending a Legislative Council meeting this evening.
Chan stated that the Hong Kong government's proposal in early April to provide a HK$3 per liter subsidy for automotive diesel fuel for two months, with an estimated cost of HK$1.8 billion, was approved by the Legislative Council Finance Committee today. This subsidy measure will be effective from 0:00 on April 30 until 23:59 on June 29, directly benefiting users.
He added that starting in May, the cap price for LPG in Hong Kong will rise by over HK$1 per liter, an average increase of more than 28%. Considering that most Hong Kong minibuses and taxis use LPG, and to account for the impact on public services, a HK$0.5 per liter LPG subsidy will be provided for two months, with the implementation date to be announced separately.
Chan said that the LPG subsidy is estimated to cost approximately HK$38 million, and the Hong Kong government will reallocate internal resources, which has been adopted by the Chief Executive.
He stated that the Hong Kong government will closely monitor the impact of the Middle East conflict on energy prices and the macro economy. The primary task is to ensure stable energy supply and smooth economic operation in Hong Kong, and to have sufficient room and capacity to meet challenges. (Edited by Chiu Kuo-chiang/Yang Sheng-ru) 1150429
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