Dutch Government Confirms Plan to Halt Gas Production in Groningen
4/25/2023
(Reuters) — The Dutch government said on Tuesday that it will invest 22 billion euros ($24.24 billion) in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.
"This is the last chance to make things right for the people (who live in) the earthquake zone," Netherlands Prime Minister Mark Rutte said at a press conference. "We cannot reverse what went wrong, but we are determined to do things differently."
The Groningen field, operated by a joint venture of Shell and Exxon Mobil, still holds massive reserves of natural gas but production has been wound down in the past decade as quakes caused by extraction caused widespread damage and mental anguish.
($1 = 0.9075 euros)
Related News
Related News
Sign up to Receive Our Newsletter
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Enbridge Plans 86-Mile Pipeline Expansion, Bringing 850 Workers to Northern B.C.
- Intensity, Rainbow Energy to Build 344-Mile Gas Pipeline Across North Dakota
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- Court Ruling Allows MVP’s $500 Million Southgate Pipeline Extension to Proceed
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- A Systematic Approach To Ensuring Pipeline Integrity
- 275-Mile Texas-to-Oklahoma Gas Pipeline Enters Open Season
- LNG Canada Start-Up Fails to Lift Gas Prices Amid Supply Glut
- Kinder Morgan Gas Volumes Climb as Power, LNG Demand Boost Pipeline Business
Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
Comments