PGNiG signs shale gas agreement with Chevron
22:49
Gas giant PGNiG has signed an agreement with Chevron Polska Energy Resources on shale gas exploration in south-eastern Poland, the firm said in a statement.
“As previously stated in a memorandum signed in December 2013, the agreement will commence the first stage of cooperation between the companies on shale gas exploration,” Dorota Gajewska, PGNiG’s spokesperson said.
The companies plan to make an exploratory borehole and in further stages, continue with exploration in the license area.
“The cooperation will allow companies to lower costs, share the risk and expedite exploratory work, and thus the process of estimating the size of shale gas deposits in Poland,” PGNiG said.
