Poland’s PGNiG and Chevron to join forces on shale gas exploration
Polish state-controlled gas firm PGNiG signed a letter of intent with American fuel giant Chevron on cooperation in shale gas exploration in south-eastern Poland in order to reduce costs and speed up exploration work, PGNiG said in a press statement.
This is the first case of such cooperation between a Polish firm and a foreign investor in the shale gas sector.
“The initiative is part of PGNiG’s new policy of openness to opportunities that might come from working with other companies interested in Polish shale gas deposits,” PGNiG said.
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