The government and refiners will split a 40-cent-per-liter discount, bringing the estimated starting price to €1.55. Ministers also confirmed a 30% increase in heating allowances as households face higher energy costs.

Greece is set to unveil a three-part heating oil package of subsidies, refinery discounts and allowances, aiming to push prices well below 1.75 euros a liter as households brace for a tough winter.

The higher allowance will apply to hundreds of thousands of households, while a separate subsidy is intended to lower heating oil prices at the pump. The government is expected to provide details Wednesday, ahead of the October 15 start of the heating oil sales season

Athens has set aside 400 million euros in reserves and will ask EU leaders this week to allow part of the money earmarked for energy investment to be spent on support for households and businesses.

Heating oil could open the season at up to €1.97 per liter, while natural gas remains about 46% to 47% cheaper for heating. Electricity prices are also rising, with the government preparing measures to ease household costs

The government is preparing a package of subsidies and refinery discounts ahead of the October 15 launch, aiming to bring heating oil prices down to €1.50–€1.60 per liter

Heating oil to open at 2euros/liter on Oct 15 as fuel prices keep climbing — a 500L order will cost 1,000 euros, squeezing households before winter even begins.

Brent crude has risen more than 60% this year, raising concerns that heating oil could start the winter season above €1.90 per liter and prompting discussion of further government support

Fuel pumps became the clearest sign of the economic pressure on Greek households this summer, reshaping travel plans and spending habits

As leaders arrive in Brussels and issue pre-summit statements, surging oil prices and Middle East tensions dominate talks, with Greece weighing diesel subsidies and EU states pushing for tax relief measures.

Applications for Greece’s 2025–2026 heating allowance are now open through the myAADE platform. Eligible households have until December 5 to apply or make corrections, with payments beginning in December and continuing into 2026

From October 15, heating oil will be available at slightly lower prices than last year, with a heating allowance for eligible households. Applications open in early November, with first payments expected by mid-December

In Athens, the average price of heating oil, which became available to the public as of Oct. 15, stands at 1.67 euros per liter, while in Thessaloniki, it is a little higher at 1.77 euros per liter.