Published August 2010 | Version v1
Miscellaneous

Shake gas. Basic information

Description

The ongoing improvement of production technologies has enabled access to unconventional gas resources present in source rocks. Whether Poland is going to see a gas revolution depends chiefly on the geological conditions. At this point it is difficult to estimate the actual size of Poland's shale gas resources and commercialization of shale gas production. First results will be known in the next four or five years, when operators complete the work under exploration and appraisal licences granted to them by the Ministry of the Environment. Polish government is offering licences on exceptionally favourable terms as an incentive for research on unconventional gas resources. Such an approach is driven by the strategic objective of ending Poland's reliance on foreign sources of natural gas in the future. Shale gas will not change Poland's and the region's energy landscape instantaneously. As in the case of all commodity and energy revolutions, changes occur slowly, but shale gas development offers huge opportunities for a permanent shift in the Polish and European energy sectors. Poland stands a chance of becoming fully independent on natural gas imports, and Polish companies - a chance of improving their international standing.

Additional details

Publishing Information

Publisher
PKN ORLEN
Imprint Place
Warsaw (Poland)
Imprint Pagination
77 p.

Optional Information

Notes
This Report has been prepared by PKN ORLEN SA on the basis of its inhouse information as well as data and opinions available to the general public. This Report was prepared in the period from May to July 2010