The commercial production of shale gas will start in Poland in 2014, said Peter Voznyak, Deputy Minister of Ecology, at the Shale Gas Europe 2013 forum in Warsaw.
His visit to the object of San Leon firm, which has received good results of the trial drilling, is the reason for optimism.
“Considering the results I have seen, Poland will start the first commercial production next year,” Voznyak said and he did not rule out that another firm will start production the first.
About 50 exploration wells have been drilled in Poland by now. The experts believe that about 300 wells are needed to be drilled to evaluate the shale gas deposits. Lack of legislation regulating the shale gas exploration and extraction hinders the works. The disagreements between the Ministries of Ecology and Finance impede adoption of the law. The authorities hope to pass the law till the end of 2013.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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