Saturday, May 14, 2011

Poland to push ahead with shale gas exploration

Poland said Friday it will push ahead with shale gas exploration despite France's recent ban over concerns that hydraulic fracturing used in extraction is environmentally risky.
"I already know who is lobbying against the extraction of shale gas. Please don't tell me it's Europe. There are people, institutions, interests which also manage to create effective lobbying in Europe," Prime Minister Donald Tusk told reporters, without elaborating who he had in mind.
"But we will proceed according to our own terms," he added.
Poland has already granted over 90 shale gas exploration licences to major international energy companies in the hope of bringing its considerable reserves to market.
According to Polish media reports, Russia's giant state natural gas monopoly Gazprom and France's nuclear energy lobby oppose the development of the shale gas market, fearing it could cut into their bottom line.

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