Experiments on diet development and evaluation for juvenile abalone, Haliotis asinina focusing on lipid and essential fatty acid (EFA) levels were conducted. Six isonitrogenous diets were formulated in Experiment 1 (E1) to contain 27% protein with lipid levels at 0, 2, 4, 6, 8, and 10%. Experiment 2 (E2) (EFA levels), used the optimum lipid level (3.59%) in E1 with EFA supplementation of 0.0, 0.2, 0.4, 0.8, and 1.6%. Abalone juveniles [mean initial weight and shell length of 0.60 plus or minus 0.07g and 14.70 plus or minus 0.12mm (E1)], [0.60 plus or minus 0.16g and 15.30 plus or minus 0.73mm (E2)] respectively, were fed these diets at 2-5% body weight in 3 replicates. Feeding trials in 90days/experiment evaluated growth, survival, feed conversion ratio (FCR) and fatty acid composition in abalone tissues. Results showed significantly higher growth rates (ANOVA P<0.05) with abalone fed diets with lipid levels of 2.2%, 3.6%, and 6.1% compared with those containing lipid levels of 7.6% and 9.8%. Abalone fed the lipid-free diet showed significantly the lowest growth rate among treatments. Break point analysis as a function of growth, showed optimum lipid requirement at 3.59%. Survival was high at 95-99% in both experiments. FCR values for D3 and D4 were significantly better compared to D2, D5 and D6 (E1) while no significant differences were found for D2-D6 for E2. Abalone body lipid increased with corresponding increase in dietary lipid. Addition of 18:2n, 18:3n3, and n3 HUFA showed significant improvement in weight gains up to 1.6% supplementation. Fatty acid composition of the lipid samples reflected those of the diets. Total lipid of abalone fed the lipid-free diet showed higher monoenes. Addition of EFA resulted in an increase in both n3 and n6 fatty acids. Lipid incorporation at 3.6% using a 1:1 ratio of CLO and SBO with EFA supplementation (1.6%) is best in juvenile abalone diet formulation.