Gas transmission system operators Amber Grid of Lithuania and Gaz-System of Poland signed in Copenhagen on May 24th an agreement to invest into Gas Interconnection Poland-Lithuania (GIPL), thus starting the construction stage of the project.

Statistics Lithuania informs that in April 2018, based on provisional data, industrial production totalled EUR 1.58 billion at current prices and, compared to March, seasonally and calendar adjusted, decreased by 7.8% at constant prices (unadjusted – by 16%).

Discussions in the European Union on further opening up its market to American liquefied natural gas could allow consumers to expect a drop in gas prices in the long-term but it too soon to speak about any specific decisions, a Lithuanian diplomat says.

State-run Lithuanian energy group Lietuvos Energija (Lithuanian Energy) plans to increase green generation capacities and expand its operations in international markets by 2030.

Lithuanians are becoming serious investors in solar energy in Poland: Sun Investment Group, jointly with the E-Energija Group, is building solar power plants with a total capacity of almost 43 megawatts (MW) and Lithuanian-owned Modus Group is also developing solar projects in the neighboring country, the business daily Verslo Zinios reported on May 22nd.

Hoegh LNG Lietuva, a Norwegian company leasing FSRU Independence LNG storage vessel to Lithuania, paid 2 million euros in dividends for 2016 to its UK-registered shareholder Leif Hoegh.

The number of foreigners coming to Lithuania to work has more than doubled in 2018, new figures show, amid the government's plans to introduce restrictions on work-related immigration.

Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in I quarter 2018, against I quarter 2017, the number of building permits issued for the construction of new buildings (hereinafter referred to as the building permits) increased by 56%, of which for the construction of new residential buildings – by 59%.

A growing number of Lithuanian products become available on the UK market of Amazon, one of the world's largest e-commerce platforms, the business daily Verslo Zinios reported on May 17th.

Lithuania's central government and local authorities collected a total of 2.675 billion euros in budget revenue between January and April, some 24.2 million euros, or 0.9%, above the projected level.