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.

by opolsce

31 comments

  3. 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.

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

  6. Now, let’s just wait for independent environment organizations.

  7. 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.

  10. Russian shadow fleet already thinking of ways to sabotage this

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

  12. 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 🙂

  14. Sell to Germany for a single dollar. Just to flex on Putin

  15. 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

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

  20. More like “check if there’s more nearby”.

  21. Good luck getting an OK from the EU for drilling and extraction.

  23. Can’t wait for the USA to come export democracy and peace here as well

  24. Wait for Germany to trying to block it with eco-friendly regulations on EU level.

  26. Oh fuck here we go, USA dropping bombs anytime now to liberate us from this dictatorship….

  27. Ktoś napisał w że to wartę około 6 miliardów dolarów, po obecnym kursie to 21,78 mld zł. Polski dług to obecnie 1713,3 mld zł. Czyli możemy spłacić koło 1.271% procent obecnego długu Polski. Ktoś powie kropla w stogu siana ale jednak miły prezent

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