Poland to invest 31 bln USD in energy sector by 2020: PM

WARSAW, Nov. 21 (Xinhua) -- Poland will invest more than PLN 100 billion (31 billion U.S. dollars) in the energy sector -- including nuclear energy -- by 2020, Prime Minister Donald Tusk said on Wednesday.

According to local media, the government planned to invest in Kozienice (Poland's biggest energy plant), gas pipelines, and inter-connectors with Lithuania and other countries.

Poland would also speed up shale gas exploration to reach the output of 10 billion cubic meters of gas by 2020. This could make Poland independent from gas supplies from the East, Treasury Minister Mikolaj Budzanowski said.

Budzanowski added that shale gas extraction project in Poland would be the best solution for the European power sector.

The EU should increase its own production of raw materials instead of building new infrastructure which will make it more dependent on eastern gas deliveries, he stressed.

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