Poland may have up to 150 bln cbm of gas

Poland may be able to recover some 10 percent of estimated 2 trillion cubic meters of so called tight gas, according to estimates by the Polish Geological Institute. The figure is higher than the volume of proven conventional deposits of the fuel (134 billion cubic meters), the institute added. Nonetheless, scientists from the institute and Sławomir Brodziński, deputy Minister of the Environment, warn against excessive optimism. "I do not want to inflate dreams, because it may turn out that we are not the second Kuwait or Qatar. Everything indicates that we will be successful, but the success will be scaled to the Polish needs and it won't happen overnight," Brodziński told PAP. Exploration of tight gas is technically easier than in the case of shale gas, however, deposits can be as deep as 6,000 meters. “These estimates are good news for investors,” Marcin Zieba, general director at the Polish Exploration and Production Industry Organization, told Bloomberg News. “Depth like any problem can be overcome.”