Poland Oil And Gas News
Introduction
- Although oil & gas production has a long history, Poland imports the vast majority of its crude oil and natural gas needs, primarily from Russia.
- Oil represents less than one-quarter of Poland’s total primary energy supply (TPES), which remains dominated by indigenous sources of coal. Total oil demand is expected to grow moderately in the coming decade. The resulting need for expansion in both refinery and storage capacities – as well as the heavy reliance on imports of Russian crude oil – are among the main challenges facing Poland’s oil market.
- Recently the outlook has improved with the prospect of potentially large reserves of shale gas. Many companies are now prospecting for shale gas, but the size of the deposits is yet to be determined.
News
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page revision: 6, last edited: 27 Apr 2012 08:45
