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Birds of Prey Delay Polish Fracking Boom

By Bloomberg - 2013-02-11T12:04:29Z

Photograph by Czarek Sokolowski/AP Photo

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Simpler Rules

The Polish Geological Institute said last March the nation's deposits are probably as much as 27 trillion cubic feet, based on an analysis of 39 wells drilled from the 1950s to the 1980s. The country consumed 544 billion cubic feet in 2011, according to BP Plc's Statistical Review.

After exploration slowed last year, the government decided to simplify rules aimed at protecting rare species, which require investors to seek new permits any time they want to drill deeper or in a different direction than originally planned.