Hong Kong Arrests 9 over Fuel Smuggling as Oil Prices Surge
Authorities seized more than 30,000 litres of smuggled fuel worth over HK$1 million as high prices fueled illegal cross-border trade.
5 Articles
5 Articles
Hong Kong arrests 9 over fuel smuggling as oil prices surge
Hong Kong arrested nine people in a city-wide operation targeting illicit fuel activities, authorities said on Wednesday, as surging global oil prices continue to put pressure on the import-dependent financial hub. An illicit motor spirit storage site raided in the joint operation. Photo: Hong Kong Customs and Excise Department. The city lacks its own refineries and imports its entire supply of automotive fuel, with much of it coming from neighb…
Hong Kong arrests nine over fuel smuggling as oil prices surge
HONG KONG: Hong Kong arrested nine people in a city-wide operation targeting illicit fuel activities, authorities said on Wednesday (Oct 7), as surging global oil prices continue to put pressure on the import-dependent financial hub.
Hong Kong authorities announced today (July 7) that they arrested nine people in a citywide crackdown on illicit fuel smuggling. Soaring global oil prices continue to put pressure on the import-dependent financial center. Hong Kong has no oil refineries and relies entirely on imports for its automotive fuel supply, mostly from neighboring mainland China. Fuel prices at Hong Kong gas stations are among the highest in the world, prompting smuggl…
[Cable News] Customs, in conjunction with the Fire Services Department, cracked down on illegal fuel, arresting nine people. During the operation, over 30,000 liters of illegal fuel, numerous fuel storage tanks, and fuel-filling tools were seized and impounded.
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