Shale a boon to Polish energy security, not prices

摘要

Justin Jacobs, LOS ANGELES: Shale-gas development in Poland could boost the country's energy security, but it will have little effect on the country's natural gas prices this decade, Fitch Ratings has said. "Shale-gas production, which may start around 2015, will not lead to a gas oversupply in the first few years of production, especially as domestic gas demand may increase by 2020 as several gas-fired power plants are planned to be built," the credit rating agency said in a statement.