Europe / Caspian / CIS
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
11 Oct 24 |
Poland: Polenergia and Equinor take another important step in the development of the Baltic 1 project Polenergia and Equinor are jointly implementing the Baltic 1 offshore wind farm project, which is the largest wind farm in the Polish part of the Baltic Sea. The project, with a capacity of up to 1560 MW, is being prepared to participate in an auction in 2025. |
08 Oct 24 |
Poland: Baltic Power wind farm completes first onshore connection Baltic Power is one of the first projects in the world to install 15 MW wind turbines and the first in the world to have a significant portion of its turbine towers made of low-carbon steel. With completion in 2026, Baltic Power will be the first Polish offshore wind farm operating in the Baltic Sea. |
07 Oct 24 |
Poland: RWE starts construction of utility-scale solar project in Poland RWE is further expanding its Polish solar business. After commissioning the first solar farm from a construction pipeline of more than 100 MWac in June, RWE has now started the construction of another utility-scale solar project in Poland. |
04 Oct 24 |
Poland: Prospex Energy to expand into Poland Prospex Energy, the AIM quoted investment company focused on European gas and power projects, has qualified to apply for onshore open acreage hydrocarbon exploration licences in Poland. The Company expects to be granted licences by Q1 2025. |
01 Oct 24 |
Cadeler signs contracts with Equinor and Polenergia JVs for wind farms in the Polish Baltic Sea Cadeler has signed firm contracts with the offshore wind farms Baltyk 2 and Baltyk 3, both being joint venture projects owned 50% by Equinor and 50% by Polenergia. The total potential value of these contracts to Cadeler is expected to be in the range of EUR 120-144 million, with operations scheduled to begin in 2027. |
Poland - more news
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