Not only the price of oil is rising given the war in Ukraine, but so is the price of gas. The Luxembourgish state may intervene.

Several big themes will be discussed in the Chamber of Deputies next week. Among them is the price of gas, which has been rising since the Russian invasion of Ukraine.

As a response, the Luxembourgish state intends to temporarily take over the costs incurred by the use of natural gas distribution networks. The aim is to reduce Luxembourgish households' and companies' bills.

The cost of this measure is estimated at 45 million euros. Luxembourgish MPs of the energy committee will begin work on the bill next Wednesday, and the debates will take place by video conference in the afternoon.

The takeover is part of a package of measures presented by the Luxembourgish government in early March, not be confused with the solidarity package announced at the end of the tripartite meeting in late March as well.

Luxembourg also intends to invest 12 million euros to stabilise electricity prices and that these measures have already found the support of most MPs.