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SUPPLY
Oil production in Poland began in 1874 and peaked in 1909
from an area now part of Ukraine. After remaining at very low levels for
many years the country has seen increasing production from fields in
western Poland as well as new offshore output from the Baltic Sea.
However it is forecast that Poland’s total oil output will again begin
to slowly decline in the coming years.
Polish gas production is more substantial and is forecast to increase
from a low in 1999 as more foreign investment has been directed at the
country.
DEMAND
 Poland
is now a member of the European Union and oil consumption, the bulk of
which is imported, increased rapidly form 2002 to a peak in 2007.
However, consumption is now expected to remain flat.
Gas consumption will begin to rise again after 2009 and imports will
steadily increase from Russia.
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