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2018-12-05 09:35:00

GRONINGEN GAS PRODUCTION WILL DOWN BY 75%

GRONINGEN GAS PRODUCTION WILL DOWN BY 75%

REUTERS - Gas production at the earthquake-prone Groningen field will drop by at least 75 percent in the next five years, ahead of schedule towards the projected end of extraction.

The Dutch government decided this year to shut down in 2030 what was once Europe's largest natural gas field because decades of extraction had caused dozens of earthquakes each year, damaging thousands of homes and buildings.

Production will drop below 5 billion cubic meters (bcm) per year from 2023, the Dutch government said on Monday, as measures to reduce demand for Groningen gas are working better than planned.

"We are ahead of schedule," Economy Minister Eric Wiebes said. "The end of gas production in Groningen is in sight."

Output is set to drop to 19.4 bcm in the year that began in October, already down 65 percent from its peak of 54 bcm in 2013.

In order to drive down output, the nine largest industrial users of low-caloric Groningen gas, who each use at least 100 million cubic meters per year, will be forced to switch to other sources of energy by 2022, Wiebes said.

Demand for Groningen gas will also be reduced by building extra capacity to convert high-caloric foreign gas to the low-caloric gas needed for the Dutch network, and by cutting exports to Germany.

 

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Earlier:

EU GAS IS WORSE
2015, June, 8, 19:00:00

EU GAS IS WORSE

Not quite as severe as in the UK, he says the trend is similar in the Netherlands, considering the decline in Groningen and the curtail in production: “Moving from a net exporter of gas to a net importer of gas.” The situation across the entire EU, according to Mr. Egan, is even worse, with the European Union importing 80% of its gas, forecast to get even worse.

 

 
 DUTCH QUAKES
2015, March, 12, 20:45:00

DUTCH QUAKES

Towns in the northern province of Groningen sit atop the continent’s biggest gas field, where the Dutch government says exploration by Royal Dutch Shell Plc and Exxon Mobil Corp. has triggered 196 earthquakes since 2013, damaging buildings and making home sales difficult. Lawmakers, seeking support in provincial elections March 18, have responded to residents’ complaints with a proposed cut in gas production, the second since December, in the hope that less output means fewer tremors.

 

 EARTHQUAKE IN DUTCH
2015, February, 20, 21:40:00

EARTHQUAKE IN DUTCH

An independent Dutch safety panel has found that the operators of Europe’s largest natural gas field, Royal Dutch Shell and Exxon Mobil, as well as the Dutch government, for years ignored the dangers posed by earthquakes in the field.

 
 
 
 

 

 

Tags: GRONINGEN, GAS, PRODUCTION, DUTCH