Hong Kong (HKSAR) – The Electrical and Mechanical Services Department today (September 25) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from October 1 to October 31, 2014, in accordance with the terms and conditions of the contracts of the dedicated LPG filling stations.
A department spokesman said that the adjustment on October 1, 2014, reflected the movement of the LPG international price in September 2014. The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $4.24 to $4.72 per litre, representing a decrease of $0.09 per litre.
The spokesman said that the auto-LPG ceiling prices were adjusted according to a specified pricing formula. The formula comprises two elements – the LPG international price and the LPG operating price.
The LPG international price is the LPG international price of the preceding month. The LPG operating price is adjusted on the first day of February every year according to the movement in the Composite Consumer Price Index in the previous year.
The auto-LPG ceiling prices for respective dedicated LPG filling stations in October 2014 are as follows:
Location ofAuto-LPGAuto-LPG
DedicatedCeilingCeiling
LPG Filling StationPrice inPrice in
October 2014September
2014
(HK$/litre)(HK$/litre)
Fung Yip Street, Chai Wan4.724.81
Ngo Cheung Road, West Kowloon4.724.81
Sham Mong Road, Mei Foo4.434.52
Yip Wong Road, Tuen Mun4.434.52
Marsh Road, Wan Chai4.434.52
Fung Mat Road, Sheung Wan4.374.46
Wai Lok Street, Kwun Tong4.374.46
Yuen Chau Tsai, Tai Po4.374.46
Cheung Yip Street, Kowloon Bay4.414.50
Kwai On Road, Kwai Chung4.414.50
Hang Yiu Street, Ma On Shan4.244.33
Tak Yip Street, Yuen Long4.244.33
The spokesman said that the details of the LPG international price and the auto-LPG ceiling price of each dedicated LPG filling station have been uploaded to the department website www.emsd.gov.hk. They are also posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.
Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the “Highlight†section of the department website at www.emsd.gov.hk/emsd/eng/welcome/index.shtml.
Source: HKSAR Government
Published on: 2014-09-25
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