Oil find before Poland: Mecklenburg-Western Pomerania could collect billions!

Oil find before Poland: Mecklenburg-Western Pomerania could collect billions!

In a significant development for the energy scene on the Baltic Sea, the Canadian Group Central European Petroleum (CEP) discovered an oil find off the Polish coast. This find could have massive effects not only for Poland, but also for Germany. Economic Minister Wolfgang Blank from Mecklenburg-Western Pomerania confirms that the deposit extends to German territory. This could be the basis for future economic claims if the Poles should open up the resource.

Overall, CEP estimates the eligible occurrence to around 200 million Barrel petroleum equivalents. Ludwigsburg24 reports that the volume of this discovery surpasses the largest German offshore oil field, medium-sized in the North Sea. Particularly exciting: There are indications that the deposit may be the former GDR deposit "Heringsdorf", which was drilled in the 1970s.

episodes for the region

Neptun Energy Deutschland GmbH currently holds the rod rights for the area in question on the German side. Whether and how Germany is involved in the potential income depends on the further steps of the Polish government. A precedent already exists: In a similarly stored case, the Dutch energy group One Dyas was able to take revenue from a gas field in the North Sea, which also extended to German territory. ZEIT ONLINE explains that contracts between the countries concerned are available here that regulate the division of resources.

But not all voices see a positive development in this oil find. State Environment Minister Till Backhaus from the SPD has expressed concerns and emphasized that the future is in renewable energies. He sees the project as a step backwards in climate policy. Mayor Laura Isabelle Marisken from Heringsdorf also warns of the ecological consequences and emphasizes the importance of the nature conservation area for local recovery.

perspectives and challenges

The offshore oil field discovery is only about six kilometers from świnoujście. Should the estimate prove to be correct, it would be the largest oil find in Poland since World War II. The funding could probably begin in three to four years and cover up to five percent of the annual oil requirements of Poland. Interestingly, it is argued that the funding also strengthens Polen's negotiating position in the dispute over the cooperation with the German Refinery PCK in Schwedt, which is the majority in the hands of the German branch of Rosneft.

Despite the potential economic advantages, there are also critical voices, including Claudia Kemfert from the German Institute for Economic Research (DIW), which warns that the promotion of fossil fuels could cause long -term environmental damage and that one should look more than before the chances. Ultimately, it remains to be seen how this situation will develop and what political and ecological measures are taken to find a balance between economic benefits and environmental protection.