The Polish government is looking up to Asia to retain international investment in its energy sector.
Ewa Kopacz, marshall of the Sejm (chair of the lower house of the Polish parliament), is to visit China this week to promote investment opportunities in the country’s energy industry.
Experts from the biggest Chinese energy companies have expressed substantial interest in Polish renewables and shale gas, and will be visiting Poland in July to discuss investment opportunities.
To date Chinese investment in Poland has been focused on electronics, distribution and IT, with total Chinese investment worth an estimated $389.9million in 2011.
“This will allow for an expert debate with our extraction companies’ representatives and research institutes in terms of developing technologies to extract this resource,” Kopacz said.
The move comes after two North American companies confirmed their exit from Polish shale gas operations. Marathon Oil and Talisman join ExxonMobile, who pulled out last year. The companies quoted unsatisfactory drilling results as a main reason for departure.
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