The neighbor follows in Poland's footsteps. The Prime Minister issues orders

The Lithuanian Prime Minister emphasized the need for data-driven decisions regarding taxation on extraordinary profits of energy companies. Ministers of energy, finance, and economy will evaluate potential taxation impacts on energy prices and residents. Poland recently implemented a tax on extraordinary profits from liquid fuels, estimating budget revenues of approximately 5.2 billion PLN. The Polish law imposes a 60% tax on excess profits from March 2026 to March 2027, responding to rising profit margins due to geopolitical tensions. Meanwhile, Orlen is reconsidering a significant investment in its Możejki refinery in Lithuania, facing a funding shortfall of 600-700 million USD.