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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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