Skip to content
Subscriber Only

Poland Delays Tax to Prevent More Exits by Shale Gas Explorers

Poland plans to postpone the collection of tax on shale gas production by five years and improve regulation to ensure investors continue exploring for the fuel in the eastern European nation.

“The law on hydrocarbon taxes will come into force in 2015 but taxes won’t be collected until 2020 to encourage investors to explore for the fuel,” Finance Minister Jacek Rostowski said today at a conference in Warsaw.