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Poland discovers one of Europe's largest oil deposits in a decade
POLAND, JUL 22 – The Wolin East field holds 22 million tonnes of oil and 5 billion cubic meters of gas, potentially doubling Poland's oil reserves and enhancing energy independence amid import reductions.
- The Wolin East 1 well revealed over 22 million tonnes of crude oil and 5 billion cubic metres of natural gas at Świnoujście, Poland, Monday, reports CEP.
- In February of this year, Central European Petroleum drilled the Wolin East 1 well, while CEP noted months-long analysis of promising results.
- Reserve estimates show over 33 million tonnes of oil and 27 billion cubic metres of gas, ranking among Europe’s largest in the past decade according to Polish Press Agency.
- German officials have warned that the plans run counter to environmental and tourism interests, with Marisken emphasizing 'not a place for industrial-political poker games,' Backhaus cautioned about ecological impacts.
- In the coming months, Krzysztof Galos, Undersecretary of State and Chief Geologist, said Poland's new deposit could cover 4–5% of annual demand, advancing energy independence.
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South Korea begins construction of floating LNG terminal for Poland
Keep our news free from ads and paywalls by making a donation to support our work! Notes from Poland is run by a small editorial team and is published by an independent, non-profit foundation that is funded through donations from our readers. We cannot do what we do without your support. South Korea has begun work on the construction of a floating liquefied natural gas (LNG) terminal for Poland, which is expected to become operational in the Pol…
The new deposit is expected to significantly reduce Poland's energy dependence.
Tens of billions of cubic meters of gas and large reserves of oil discovered in the Baltic Sea about six kilometers from Świnoujście by the Canadian company Central European Petroleum will allow the country's oil production to double and gas production to increase by a fifth, according to Polish Radio. However, the radio added that oil production in Poland accounts for only about five percent of total consumption, with the country importing the …
A Canadian energy company has made the largest oil discovery ever recorded on Poland's territory, identifying an important hydrocarbon dump in the Baltic Sea, near the port city of Swinnojšcie, in the north-west...
Poland has discovered one of Europe's largest oil and natural gas deposits in the Baltic Sea in the last decade, which could reduce the country's dependence on fossil fuel imports.
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