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2020-01-17 11:15:00

NETHERLAND'S GRONINGEN GAS DOWN

NETHERLAND'S GRONINGEN GAS DOWN

PLATTS - 15 Jan 2020 - Natural gas output at Europe's largest onshore gas field, the Netherlands' Groningen, continued to fall sharply in December following the Dutch government's tightening of the production quota, with volumes down 43% year on year.

The rapidly declining output at the field has eaten away at Dutch gas stocks, which have now fallen below Gas Year 2018 levels and are well below the European average.

A production cap has been put in place to prevent earthquakes linked to gas extraction at Groningen and the Dutch government…

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Tags: NETHERLAND, GRONINGEN, GAS
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