TribLIVE

| USWorld


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Poland hopes fracking will help lead it to economic revival

Daily Photo Galleries

By McClatchy Newspapers
Saturday, Jan. 26, 2013, 7:38 p.m.
 

WARSAW, Poland — A map of Poland, unevenly colored in shades of yellow, brown, green and purple, like a half-finished jigsaw puzzle, hangs prominently on the walls of the country's agencies and corporations. Official visitors, who are cordially invited to take a closer look, will see the label in the corner: “Map of Concessions for Hydrocarbon Exploration and Production.”

Poland, which last century was the target of foreign armies, today is being divvied up by a hydrocarbon fever. Hoping to reproduce the recent “energy revolution” brought about in the United States by the advent of fracking, the Polish government has spearheaded shale gas exploration in Europe in the hopes that one day it will have its own natural gas industry.

Despite the enormous infusion of capital and promises that production could start as early as 2015, however, Poland's gas industry has yet to take off. Hampered by difficult geology, a paltry service sector, a lack of adequate infrastructure, as well as an uncertain regulatory and tax environment, few exploratory wells have been drilled.

That, in turn, has delayed assessment of the actual size of reserves and left in doubt whether the industry could ever be commercially viable.

 

 
 


Show commenting policy

Most-Read World

  1. North Korean student escapes abduction bid in Paris
  2. Chinese state media give profs a chilling warning
  3. 28 non-Muslims killed in attack on Kenyan bus by Somalia’s Islamic terrorists
  4. Russian diplomat Lavrov accuses West of seeking ‘regime changee_SSRq
  5. Chopin’s heart, floating in booze, passes check-up
  6. 3 Americans, Briton killed in Jerusalem synagogue attack
  7. Annual global obesity costs rise to $2T
  8. Hitler painting expected to fetch $60K at auction
  9. Bandits in Guinea steal suspected Ebola blood
  10. Crowds in Ukraine show lingering tensions amid Biden visit to back pro-West officials
  11. Grocer’s holiday ad unnerves Brits
Subscribe today! Click here for our subscription offers.