The State of Play in Poland's Unconventional Shale and Oil Development

Abstract

Following initial geological assessments, Poland was identified as having one of the largest reserves of unconventional natural gas in the European Union. The Poles, seeking to diversify their energy sources, met the news with tremendous fanfare. However, shale gas development often requires voluminous speculative activity before the gas can be successfully extracted – an activity which has been rare in Poland, where a lack of critical infrastructure coupled with bureaucratic red tape in the permission process has led to slow growth in exploration activities. This article examines the current situation in Poland's unconventional gas and oil development.