Poland Leads Wave of European Shale Gas Development

- October 7th, 2011

Rigzone reports that major oil companies such as ExxonMobil and Talisman Energy are seeking to unlock Poland’s shale gas.

Rigzone reports that major oil companies such as ExxonMobil and Talisman Energy are seeking to unlock Poland’s shale gas.

As quoted in the market news:

For Poland, the successful exploitation of its shale gas means jobs, revenues, a cleaner-burning fuel source and less dependence on Russian-sourced gas supplies. Currently, Polish domestic gas production totals between 144.7 Bcf per year and 151.8 Bcf, while the nation’s yearly gas consumption totals approximately 494.4 Bcf, meaning that 353.1 Bcf must be imported annually to meet domestic needs.

Click here to read the full Rigzone report

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