Environment Minister to discuss shale gas bill with investors
December 6, 2013
Poland will hold a meeting with shale gas investors and experts on December 10 before making final decisions on the shape of the hydrocarbons bill, newly appointed Minister of Environment Maciej Grabowski said on Thursday.
"Whether the bill on shale gas will be amended or not will depend on the final stage of consultations," Grabowski said. "My decision will depend on the results of the meeting [with investors and experts]."
"Their opinion will be important to me while making a decision about potential amendments to the project," he said.
During the meeting, scheduled for December 11, two projects currently on the table will be discussed: one written by the Environment Ministry and one by the Treasury Ministry, the new minister said, underlining he wants to improve dialogue with investors in order to speed up shale gas exploration.
“Investors have been waiting for this for a very long time and they won’t speed up works without stable regulation.”
Shale gas exploration companies should not be burdened with any extra restrictions in terms of environment protection, Grabowski said.
"I don't see premises for hydraulic fracturing technologies, known for decades, to be a threat to the environment," he said.
Grabowski, appointed new Environment Minister in the frame of recent government reshuffle, previously said Poland should accelerate its efforts in hydrocarbon extraction, especially shale gas extraction.
Meanwhile, drilling has slowed and foreign companies including Marathon Oil Corp. andTalisman Energy Inc. (TLM) left Poland this year.