This could be a breakthrough in the Polish energy sector. Central European Petroleum (CEP) has announced the discovery of the largest conventional hydrocarbon deposit in Poland’s history. The well, drilled in the Baltic Sea 6 km from Swinoujscie, confirmed the presence of 22 million tons of oil and and 5 billion cubic meters of commercial-grade natural gas. This is one of the largest discoveries of its kind in Europe in the last decade.

    Significance for Poland’s energy security

    According to information provided by the CEP, the total reserves could reach more than 33 million tons of oil and 27 billion cubic meters of gas. As the country’s chief geologist Krzysztof Galos stressed, the discovery could significantly affect Poland’s future energy security by reducing dependence on external suppliers. Geological documentation will need to be developed and approved before exploitation can begin.

    International project with local potential

    Central European Petroleum Ltd is a Canadian company based in Calgary, majority-owned by investors from Norway. CEP subsidiary Central European Petroleum holds the 593 square-kilometer Wolin concession, issued by Poland’s Ministry of Climate and Environment.

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    Posted by opolsce

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    22 Comments

    1. Looking on our new president and that most likely the current gov collapse and PiS taking over, I will be not supriced if Poland give it to US for free. Those dumb c..s love Trump.

    2. Już Widzę Nawrockiego który będzie blokował Ustawy inwestytycyjne byle aktualny rząd nie zaczął czerpać z tego Benefitów na rzecz państwa

    3. Come and listen to my story
      ‘Bout a man named Janusz
      A poor mountaineer,
      Barely kept his family fed.
      And then one day
      He was shootin’ at some food,
      And up through the ground came a-bubblin’ crude.

      Oil that is, black gold, Gdansk tea.

      Well the first thing you know
      Ol’ Janek’s a millionaire,
      Kinfolk said “Jasiu move away from there”.
      Said “California’s the place you outta be”.
      So they loaded up the truck
      And they moved to Beverly.

    4. Now let’s see what Tusk will do. Will he support the exploitation, or act like with LNG terminal, when holding german site?

    5. Poland’s oil consumption is around 31 million tonnes annually – so “the biggest source” – if fully drilled is 13 months of self-sufficiency

      In 2021, Poland’s consumption of fossil gas was 23.2 billion cubic meters. With 5 billion cubic meters in the source this gives us ~4.5 months of self-sufficiency

      I honestly wouldn’t call it a breakthrough but it’s definitely great news 🙂

    6. zepsutyKalafiorek on

      Już tusk pewnie dostał parę telefonów od merklerowej i urszuli z rozkazami jak to ukraść i palić głupa do kamery że to był legitny przetarg

    7. A Canadian oil company is dropping there. It’s not for Poland to collect unfortunately.

    8. Relax, polish sellouts weak individuals of a politicians will never allow poland to get piece of it.