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Gas to keep central role in Dutch energy demand - GasTerra

Gasoil News - Published on Tue, 19 Feb 2019

Image Source: Business Recorder
Reuters quoted gas trading company GasTerra as saying that the Netherlands will remain a heavy user of natural gas for years to come, despite big production cuts at its Groningen field. The Dutch have been one of the major gas suppliers in Europe for decades, exploiting what once was Europe's largest gas field in the northern region of Groningen. But the Dutch government last year said it would end production at Groningen by 2030 after a string of earthquakes directly related to gas extraction damaged thousands of houses and buildings.

The Dutch still rely on natural gas for about 40 percent of their total energy needs and are not expected to end their gas dependency soon.

GasTerra Chief Executive Annie Krist said that "The use of gas-fired power stations may even increase in the next decade in order to secure electricity supplies. In the years to come the Netherlands will still have to produce and import several billion cubic metres of natural gas."

GasTerra said that most of the gas will come from abroad, as the Groningen production cuts turned the Netherlands into a net importer of gas for the first time since the 1950's two years ago.

Source :

Posted By : Rabi Wangkhem on Tue, 19 Feb 2019
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