Sunday, October 9, 2022

Dutch Government Closes Europe's Largest Natural Gas Reserve Despite Energy Crisis

 

Euractiv: We won’t continue to use Groningen gas field, says Rutte 

The Netherlands will not continue to exploit the Groningen gas field because of the resulting earthquakes that impact those living in the area, Prime Minister Mark Rutte told journalists in Prague on Thursday. 

Groningen is one of the world’s largest gas fields and has been described as “the only potential game-changer in Europe” to replace the increasingly disrupted gas supply from Russia. 

The giant Dutch gas field once produced more than 40 billion cubic metres (bcm) of gas yearly – equivalent to 10% of the EU’s consumption – but its production has now been capped due to earthquakes, EURACTIV reported.  

Read more ....  

Update: Dutch limit Groningen gas production despite energy crisis (Reuters)  

WNU editor: The Groningen gas field is massive. At its peak it was producing 40 billion cubic metres (bcm) of gas yearly. This compares with Nord Stream 1 that use to send 55 billion cubic metres (bcm) of gas yearly. 

 So why did the Dutch government shut down the field? It is all about earthquakes (link here).

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