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    Polish Shales: Commercialization will Take Time

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Summary

Attending the Twentieth Economic Forum held in Krynica, Polish Deputy Prime Minister Waldemar Pawlak said that Poland should have an better idea of...

by: C_Ladd

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Poland, Natural Gas & LNG News, Shale Gas , News By Country

Polish Shales: Commercialization will Take Time

Attending the Twentieth Economic Forum held in Krynica, Polish Deputy Prime Minister Waldemar Pawlak said that Poland should have an better idea of the country’s shale gas reserves within the next 12 months.

According to preliminary findings, estimates of shale gas in Poland range from 1.5-3.0 trillion cubic meters.

Speaking on a panel discussion on the subject “Implications of strategic and international significance of shale gas production in Poland”,  Pawlak said he believes it will be seven to ten years before the shale gas fields were to become commercialized on a large scale.

According to Michael Szubski, President of Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG), shale gas deposits are a great opportunity to make the country a “second Norway or Qatar.”

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(in Polish)