Europe / Caspian / CIS

Poland flag
Summary | Profile

Country profile: Poland

Location: billion cu m (1 January 2006 est.)
Climate: temperate with cold, cloudy, moderately severe winters with frequent precipitation; mild summers with frequent showers and thundershowers
Terrain: mostly flat plain; mountains along southern border
Size: 312679 sq. km total (Land area: 304459 sq. km  Water area: 8220 sq.km)
Population: 38,500,696 (July 2008 est.)
Languages: Polish 97.8%, other and unspecified 2.2% (2002 census)
Government: republic
Capital city: Warsaw
Legal system: based on a mixture of Continental (Napoleonic) civil law and holdover Communist legal theory; changes being gradually introduced as part of broader democratization process; limited judicial review of legislative acts
Currency: zloty (PLN)
Licensing:

Country profile

Poland, the Czech Republic, the Slovak Republic (commonly referred to as Slovakia), and Hungary are members of the Visegrad Group, created in February 1991 at the northern Hungarian town of Visegrad. After World War II until 1989-1990, these countries were Communist states, as well as members of the Warsaw Pact. On January 1, 1993, the Czech and Slovak Republics, previously Czechoslovakia, split to form two separate states. During the past decade, the Visegrad group has made the transition to democracy and to market-based economies. On May 1, 2004, the Visegrad countries became members of the European Union (EU). In 1999, Hungary, Poland, and the Czech Republic became the first former Warsaw Pact countries to join the North Atlantic Treaty Organization (NATO) . Slovakia joined NATO in 2004. The Czech Republic became a member of the Organization for Economic Co-operation and Development (OECD) in 1995, Hungary and Poland joined in 1996, and Slovakia in 2001.

As members of the Visegrad Group, the four countries also belong to Central European Free Trade Agreement (CEFTA) . Slovenia , Romania , and Bulgaria are members too. The Visegrad countries are dependent on trade with the EU, in particular with Germany . These four countries also continue to face economic restructuring challenges, including: modernizing large, and to a certain extent, antiquated agricultural sectors (especially in Poland); implementing more energy efficient processes for industry in order to decrease energy consumption; absorbing the costs from cleaning up heavily-polluting industries; and adapting industries and services to EU standards.

Energy production and consumption


Oil Gas
Production: 32,800 bbl/day (2005 est.) 5 billion cu m (2005)
Consumption: 462,700 bbl/day (2005 est.) 15 billion cu m (2005)
Exports: 51,780 bbl/day (2004 est.) 42 million cu m (2005)
Imports: 480,300 bbl/day (2004 est.) 10 billion cu m (2005)
Reserves: 96 million bbl (1 January 2006 est.) 158 billion cu m (1 January 2006 est.)
Major fields:



Poland - recent news

15 Sep 20
Poland: ABO Wind to build its first wind farm in Poland
ABO Wind's first Polish project will be constructed in 2021. Donaborów wind farm is located about 90 kms northeast of Wroclaw and is planned to consist of 9 Siemens Gamesa SG114 turbines with a total output of 19.8 megawatts.
29 Jul 20
Poland: PGNiG finds more gas in the Podkarpacie region
PGNiG has successfully drilled another well on the Mielec – Bojanów fields. Together with the previous wellbore in the area, the Korzeniówek-2K appraisal well will ultimately add approx. 24 mcm per year to PGNiG’s natural gas output.
08 Jul 20
Poland: Vestas reinforces its market leadership in Poland by surpassing 1 GW of order intake from auctions
Vestas has received a 166 MW order for two projects awarded at the Polish wind-solar-energy auction in December 2019. With this order, Vestas has supported its customers to succeed in competitive auctions and win more than 1 GW of onshore wind energy projects in Poland since the country introduced its auction scheme in 2018.
10 Jun 20
Poland: PGNiG to make renewables part of its strategy
By the end of this year Polish Oil and Gas Company (PGNiG) will present an updated strategy for the entire PGNiG Group. One new strategic initiative will be to build the segment of renewable energy sources. The Group may spend even as much as PLN 4bn on its creation and development.
27 Apr 20
Poland: RWE expands renewables portfolio in Poland
RWE continues to expand its renewables portfolio in Poland. The company has just achieved commercial operation on its Nawrocko onshore wind farm near Stettin. With about seven megawatts (MW), the site can supply the equivalent of up to 15,000 households with green power.

Poland - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 361

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3517

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426

Geostudies

Current Geostudies articles: 742

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

OPC
Government of South Australia
energy365
Bayphase
Rose & Assocs 149
Geoespace
Union Jack Oil 149
SLR Consulting logo
KL Publishing
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com