Luxembourg Parliament Approves Fuel Price Reduction through a temporary reduction in excise duties

On 28 April 2022, the Luxembourg Ministry of Finance announced that the parliament has approved the reduction in fuel prices by 7.5 cents per liter. The reduction is part of the energy relief package, the “Solidaritéitspak”, and will apply once the law is published and enters into force. In particular, the 7.5 cents per liter reduction applies for diesel used for agricultural and horticultural work, and for industrial diesel until 31 July 2022. The 7.5 cents per liter reduction also applies for fuel oil until 31 2022. It is also noted that a reduction in the sales price by 7.5 cents for gasoline and diesel used as fuel was achieved through a temporary reduction in excise duties by the Grand-Ducal regulation of 8 April 2022, which applies from 13 April to 31 July 2022.