Polish government to pump about 119M euro into shale gas R&D projects

Written by on July 13, 2012 in Europe, News - No comments

The National Centre for Research and Development (NCBiR) and the Industry Development Agency (ARP) announced Wednesday they have signed a deal on setting up a research program on shale gas, to be financed in equal parts by the government and companies.

Under the agreement, the government will provide PLN 500 million (about 118.9 million euro) to finance R&D projects covering shale gas exploration technology and expects interested companies to put the same amount on the table. Each of the state institutions will provide PLN 250 million.

For the full story, please visit The Warsaw Voice
(Photo: Marcin Rolicki/sxc.hu)

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