It is a good signal for the mining industry that the Council of Ministers adopted bills concerning shale gas extraction. - Exactly one year ago we gave our opinion on the initial assumptions that were drafted after many months of discussions and work in different government departments. It's time to end the period of regulatory uncertainty but also to remove unnecessary administrative barriers – says Piotr Wołejko, expert of Employers of Poland.
Last year brought a decline in the number of wells and active shale gas concessions. Despite the initial enthusiasm, caused by very optimistic estimates of the U.S. Energy Information Administration, advances in the diagnosis of deposits - not to mention the extraction of gas from shale formations - are far from satisfactory.
Introducing a uniform license for diagnosis of hydrocarbon deposits and their mining will facilitate the work of entrepreneurs, and resigning from appointing the National Mineral Energy Operator will eliminate a number of legal uncertainties. You should also pay attention to a temporary exemption from a special hydrocarbon tax and tax on mineral extraction – collecting it will start from 1 January 2020.
Now it is important for the Parliament to work on the shale gas bills smoothly and remain open to dialogue with the mining industry. Adopting appropriate legislation will end the period of a regulatory uncertainty and should provide impetus for investors.
Piotr Wołejko, sxpert of the Employers of Poland