PGNiG to spend PLN 300 mln on extracting methane from coal deposits

WSE-listed, state-owned gas giant PGNiG will spend PLN 300 million on extracting methane from coal deposits in the next 3-4 years, with half of the funds coming from the The National Fund for Environmental Protection and Water Management. The company currently runs a test project in Gilowice where it extracts 5k cubic meters of methane daily. “It’s a lot for gas deposits, but average for conventional ones,” company’s CEO Piotr Woźniak said. PGNiG plans four more drillings in the area next year and should know by the end of 2018 whether the project is profitable. According to the Polish Geological Institute, the deposits in Gilowice have 170 billion cubic meters of methane.