Jul 21, 2025

Poland announces a significant oil and gas find in the Baltic Sea.

The Canadian company Central European Petroleum announced on Monday the discovery of the largest conventional oil field in Poland. Located in the Baltic Sea, six kilometers from the northwestern port of Swinoujscie, the Wolin East field is estimated to hold 22 million tons of recoverable hydrocarbons and 5 billion cubic meters of commercial-grade natural gas. Central European Petroleum called it the biggest conventional oil find in Poland's history and among the largest in Europe, with natural gas deposits within the Wolin concession potentially equivalent to over 300 million barrels of oil.

Drilling is being conducted by the US firm Noble Corporation, while Zenith Energy, a well engineering consultancy, reported earlier this year that the Wolin East 1 well was successfully handed over to Central European Petroleum.

Although coal consumption has decreased in Poland, the use of oil and gas continues to rise, positioning the country among the top four highest emitting economies globally. As of June 2025, renewable energy sources accounted for 44.1% of Poland's electricity generation, while coal and lignite plants generated 43.7%, according to the Energy Forum think tank.

Poland's reliance on energy imports has increased from 29% a decade ago to 45% today, with nearly 97% of its crude oil coming from imports. The country also imports a significant portion of its gas as liquefied natural gas from the Middle East and the US through new terminals in Gdansk and Swinoujscie, along with pipeline gas from Norway.

This discovery in the Baltic Sea is anticipated to lessen Poland's dependence on foreign energy supplies and may also impact the German energy market.