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

12 Jun 25
Poland: ORLEN opens Poland’s first offshore wind farm installation terminal – first contract already signed
ORLEN Neptun, part of the ORLEN Group, has launched an offshore wind farm installation terminal in Swinoujscie, the first facility of its kind in Poland and one of the most advanced in Europe. It will serve as a key base for the Group’s phase two offshore wind projects and will also be available to external operators.
28 May 25
Poland: European Energy completes sale of 83.5 MW wind portfolio in Poland to Enea Group
European Energy has completed the sale of an 83.5 MW operational wind portfolio located in north-west Poland to Enea Nowa Energia, a subsidiary of the leading Polish energy utility, Enea.
23 May 25
Poland: Equinor announces financial close for Baltyk 2 and Baltyk 3
The project joint venture partners Equinor (50%) and Polenergia (50%) have reached financial close for the Baltyk 2 and Baltyk 3 projects. Two project financing packages of over EUR 3 billion for Baltyk 2 and over EUR 3 billion for Baltyk 3 including ancillary facilities, have been secured.
20 May 25
Poland: Equinor and Polenergia take Final Investment Decisions for Baltyk 2 and Baltyk 3 offshore wind projects
The project joint venture partners – Norway's Equinor and Polenergia, Poland's largest private energy group – have taken the final investment decisions for the Baltyk 2 and Baltyk 3 offshore wind farms, ahead of full-scale construction.
15 May 25
Poland: Vestas and LM Wind Power sign deal for blades factory in Poland, strengthening Vestas’ European manufacturing footprint
Vestas and LM Wind Power have announced a deal that will see LM Wind Power’s blade factory in Goleniów near Szczecin, Poland, become part of Vestas’ growing European manufacturing setup. The factory produces blades for Vestas’ onshore wind solutions and will continue to play a key role in meeting Poland’s and the rest of Europe’s growing energy needs.

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: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

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

Bayphase
Union Jack Oil 149
Syntillica
energy365
Telos NRG
Merlin
Borchwix
Rose & Assocs
OPC
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