Poland Targets 300m Cubic Meters of Shale Gas in 2014

Poland's Treasury is targeting shale gas production of  200 - 300 million cubic meters in 2014.

The Ministry plan assumes a maximization of the number of shale gas drillings by state-controlled companies such as PGNiG and PKN Orlen, which are scheduled to carry out 65 drillings each to 2014 reports Dziennik Gazeta Prawna.

Deputy Treasury Minister Mikolaj Budzanowski expects that shale gas drillings will reach 1,000 annually in 2020.

The targeted output, combined with increased conventional gas production and imports 1.5 bcm of gas through the Swinoujscie LNG terminal presently under development,would allow Poland to generate half its requirements from domestic sources.