Cost-reduction for expanding shale gas into Europe is currently one of the most critical issues for the oil and gas industry as increasing numbers of companies search for shale gas deposits in new locations. Many analysts are confident that Poland has the most significant shale gas deposits and the potential to become one of the greatest exporters of shale gas to Europe.The Global Shale Gas Summit (July 19-20, 2010, Warsaw, Poland), organized by American Business Conferences, is one of the most anticipated industry events for establishing new business partnerships in this sector and gathering together the leading providers of shale gas expertise.

As the Summit continues to gain momentum, we are delighted to announce that ORLEN Upstream have confirmed their participation and commitment to developing this burgeoning industry sector. Wieslaw Prugar, President & CEO of ORLEN Upstream, our Gold Sponsors, will be presenting ORLEN Upstream's vision for expanding cost-competitive shale gas into new regions. ORLEN Upstream is daughter-company to PKN ORLEN (100%) and was established to develop upstream activity for the PKN ORLEN Group.



While the Polish shale gas case will be the key feature at the Summit, shale gas industry and government representatives from France, Netherlands, Turkey and Austria will also be present, discussing not only the geological potential for commercially-viable shale gas prospects in those countries, but also the existing legal and regulatory frameworks and possible barriers to entry for foreign oil and gas companies.