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Poland to accelerate work on setting shale gas regulations

  • Poland officials say they will speed up work on setting regulations for its nascent shale gas industry, after London-listed San Leon Energy (SLGYF) said last month that it had made significant progress toward commercial production after vertical drilling in northern Poland.
  • The development rekindled Poland's hope that shale gas will become a viable source of energy for the economy which relies on Russia for 60% of the gas used each year.
  • Chevron (CVX) has continued to move forward on shale gas exploration in Poland after Exxon, Talisman and Marathon Oil abandoned projects after mixed results.
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