Consortia with Poland’s gas giant PGNiG are planning to launch five new R&D projects on the development of shale gas extraction technology next year and have already secured PLN 50.6 million subsidies, the daily “Parkiet” reported.
PGNiG's contribution in kind (e.g. geological data, seismic images) is estimated at PLN 32.4 million. The biggest of the projects worth PLN 51 million will be realized in consortium with fuel group PKN Orlen's E&E unit Orlen Upstream, two academic institutions and a research institute.
The second biggest project worth PLN 29.8 million will be realized in cooperation with fuel group Lotos' unit Lotos Petrobaltic and three scientific institutions.
All projects are due for completion at end-2016. Works are on schedule, PGNiG's press officer Malgorzata Olczyk said.