Five Polish companies have agreed to co-finance shale gas exploration, with the intention of speeding up the start of production in the country. The five companies are state-owned oil and gas company PGNiG, copper producer KGHM and utilities Enea, PGE and Tauron. The consortium will be active in three locations-Kochanowo, Czestkowo and Tepcz-where PGNiG holds concessions and expects to invest around 1.72bn zlotys ($514mn) in exploration and production.
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