Chevron to explore for shale gas with Polish firm


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WARSAW, Poland (AP) - Poland's oil and gas group PGNiG says it has signed a memorandum of cooperation with Chevron to explore for shale gas in the southeast of the country.

Rafal Pazura, a spokesman for PGNiG, said Monday that a deal should be signed next year and that his company has geological knowledge of the area near the city of Lublin, where the companies have exploration licenses.

Chevron has shale gas experience from its wells in the U.S. and elsewhere in the world.

Poland hopes shale gas will help cut its dependence on costly Russian gas imports. However, exploration companies say it is moving too slowly to change its mining, tax and environment regulations.

Poland and Britain are the only countries in Europe actively exploring for shale gas.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most recent World stories

Related topics

KSL.com Beyond Business
KSL.com Beyond Series

KSL Weather Forecast

KSL Weather Forecast
Play button