Canadian firm finds large oil reserves in Poland

nytimes.com [$]

Canadian firm Central European Petroleum claims a significant oil discovery in Poland's Baltic Sea, potentially the largest in Northern Europe in over a decade. The company estimates 200 million barrels of recoverable oil and natural gas near Swinoujscie. If confirmed, it could produce up to 40,000 barrels daily, aiding Poland's import reliance. This potential discovery has raised environmental concerns in neighboring Germany. Previous exploration efforts in the region after 1989 yielded limited success.


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Canadian firm finds large oil reserves in Poland | News Minimalist