Fuel Prices Drop Today as Minister Signs NORA Levy Reduction Into Law
Diesel down 22c/litre, petrol down 17c/litre until end of May.
Drivers across Ireland will see lower prices at the pump from today after Minister for Climate, Energy and the Environment Darragh O'Brien signed a commencement order bringing a reduction in the NORA levy into effect.
The levy on petroleum products has been cut from 2c per litre to a nominal level of €0.001 per litre, and will remain at that level until 1 June 2026.
The NORA reduction is part of a broader package of temporary fuel cost measures announced last week. Combined with reductions in Mineral Oil Tax (MOT) on petrol, auto diesel and Marked Gas Oil (MGO), the measures will deliver a reduction of 22 cent per litre on diesel and 17 cent per litre on petrol. The MOT reductions are in effect until 31 May 2026.
Haulage and bus passenger operators will also benefit from an increase in the maximum repayment under the Diesel Rebate Scheme, rising from 7.5 cent to 12 cent per litre of diesel purchased between 1 January 2026 and 30 June 2026.
In addition, the fuel allowance season is being extended by four weeks, meaning approximately 470,000 households in receipt of the allowance will receive an additional €152 in support.
Minister Darragh O'Brien said:
"I am acutely aware of the pressures facing consumers and my Department has acted without delay to enact this legislation to give effect to the NORA levy reduction. This is part of the broader measures that I, and Government colleagues, announced last week. These measures are designed to support households and businesses in a targeted and time-bound manner. The Department and I will continue to monitor and the review the situation and we will remain flexible in our response."
The Minister also referenced wider energy policy, adding: "The ongoing conflict in the Middle East demonstrates that we must reduce our dependence on imported fossil fuels , accelerate the deployment of renewable energy, and invest in our electricity grid and in energy efficiency."
The Government has indicated the measures are time-bound, and reserves the option to adjust its approach as circumstances evolve.