The Polish government will only accept a state-owned investor to build and operate a second line of the Yamal-Europe natural gas pipeline from Russia to Germany via its territory, the country’s treasury minister said in response to a proposal voiced by Russia’s President Vladimir Putin. Continue reading
Extracting Europe’s shale gas and oil will be a slow and difficult business
SHALE gas and oil are propelling America to energy self-sufficiency and giving its economy a handy boost. Europe’s shale-gas deposits are said almost to match those across the Atlantic (see map). Will the old continent soon enjoy the same benefits? Continue reading
Ukraine continues to import European natural gas via Poland as it seeks to break the stranglehold of Russian supplies, Kiev’s energy minister says. Continue reading
Poland has obtained a significant price reduction on the gas it imports from Russia, ending a legal dispute that had escalated to international arbitration, officials said Tuesday.
The head of Poland’s PGNiG gas an oil giant, Grazyna Piotrowska-Oliwa, said her company and Russian supplier Gazprom signed a deal in Warsaw on Monday that “changed the pricing formula” of their 2010 agreement by linking the cost of the gas to market prices. Continue reading
Investment over the next two years will total five billion zlotys (1.2 billion euros, $1.6 billion), which includes a 409-million-euro shale gas deal agreed in July by five Polish energy and mining groups, Budzanowski told the press. Continue reading
Poland’s government will approve a long-awaited new shale gas law during its sitting next week, Prime Minister Donald Tusk said on Tuesday. Continue reading
Poland wants its new shale gas law to go into force next year, Piotr Wozniak, the deputy environment minister responsible for the draft law said on Wednesday, but added that it would be best if a shale gas tax waited until at least 2016. Continue reading
With large but unproven shale gas reserves, Polish officials hope disputed technique of fracking fulfills promise of a more reliable energy supply.
Dreams of freedom from Soviet oppression were nurtured and realized in the shipyards of this seaside city, where the Solidarity movement that helped tear down the Iron Curtain was born. Continue reading
Shale gas’s poor image in Europe is largely unjustified
IN FOLKLORE THE will-o’-the-wisp, a mysterious light that lures travellers away from paths into dangerous marshlands, was thought to be the embodiment of evil spirits. The light was probably methane, given off by rotting vegetation, that had spontaneously ignited. The atavistic fear of gas lives on in public anxiety over fracking. The IEA’s report “Golden Rules for a Golden Age of Gas”, published in May, says that if shale extraction goes ahead at full speed worldwide, gas could make up around 25% of primary energy demand by 2035, against 21% in 2010. But if public resistance holds back its development, its share may rise to only 22%. Continue reading
Five state-controlled Polish companies agreed Wednesday to join forces to step up exploration for shale gas in a promising area of northern Poland, under the aegis of their controlling shareholder, the Treasury Ministry, whose top official has staked his career on the development of the fuel. Continue reading