Poland: shale gas — recent developments
Poland is widely regarded one of the countries with the most substantial reserves of shale gas in the European Union (EU). The Polish government believes that a new piece of legislation will facilitate the activities of the country’s shale gas industry and encourage entrepreneurs to invest in Poland.
On 11 March 2014, the Polish government adopted a draft bill to amend the Geological and Mining Law (the ‘Amending Bill’) and a draft Bill on Special Hydrocarbon Tax (the ‘Tax Bill’). The proposed legislation aims to both regulate and facilitate activity in the shale gas industry. The bills will be forwarded to parliament shortly.
Poland is widely regarded to be one of the countries with the most substantial reserves of shale gas in the EU. However, the lack of appropriate legislation has been treated as a discouraging factor by potential investors. The country’s government believes that this situation will change with the adoption of the Amending Bill and the Tax Bill, as the current wording of the proposed legislation addresses the input provided by entrepreneurs during the public consultation process…
Click on the link below to read the rest of the Schoenherr briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Schoenherr
Briefings from Schoenherr
Poland: crime of active corruption and commercial bribery as grounds for exclusion from public contracts award procedures
Active corruption involves giving or promising to give material or personal benefit to a person performing public functions in connection with his/her public duties.
The Romanian Law no. 121/2014 is intended to increase energy efficiency in the country, with the aim of reducing energy consumption by 19 per cent by 2020.
Analysis from The Lawyer
Regulators are ramping up the pressure in the aftermath of recession, leaving firms to compete for compliance and restructuring work