What next for the production of hydrocarbons

The authors try to answer the question “What next for the extraction of hydrocarbons?” with regard to the endless legislative work on new regulations, as long awaited by the industry. This article explains what the new system will consist of in terms of licensing and tendering and cooperation agreements which up to now do not exist in Polish law. The new regulations will be concerned with the concept of qualification – only entities with a positive evaluation will be able to proceed to tender. The authors also examine the advantages and other concessions over the whole business sector for the facilitation of the prospecting, exploration and production of hydrocarbons.