http://www.canadianbusiness.com/article/76360--estimate-cuts-poland-s-usable-shale-gas-reserves-to-under-768-billion-cubic-meters
Not so long ago...the USA estimated Poland's potential shale gas reserves at a vast 5.2 trillion cubic meters.
Those numbers had Warsaw licking its lips...over a future free from dirty coal and an unreliable Moscow.
New official Polish estimates...come in between 346 and 768 billion...less than a 10th...of the previous hyped guesstimate.
At the high end...nat gas potential is still enough for 65 years...with maybe 10 years of shale oil.
Now...the real question is...will the dozens of energy internationals anxiously crowding into Poland to explore for nat gas and shale oil...stay even with mixed recent results...and much less upside?
Popular Posts
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- VENEZUELA: Chavez Shuffles Cabinet With 9 New Apointments.
- MEXICO: 20,000 Masked Indigena March For Peace In San Cristobal de Las Casas.
- VENEZUELA: Simon Bolivar's Sister To Be Exhumed In August For DNA Comparison.
- KAZAKHSTAN: 11 Found Murdered In Almaty National Park.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- ARGENTINA: The Europe/ Buenos Aires Cocaine Express; Peso Briefly Weakest Since 2002; $9 Bn Payment To Paris Club Rumored.
- PUERTO RICO: The Enigma of Tourism.
- EUROZONE/ IRELAND/ GREECE/ GERMANY: 8 May UPDATE: Speculators Savage Euro Over Rumor; More Predicted!
