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The Netherlands has shut down Europe’s largest gas field

Photo: facebook.com/Netherlands.NL

This decision was made despite the energy crisis in Europe. The reason is the earthquakes caused in the gas production area.

Dutch Prime Minister Mark Rutte said his country would not continue exploiting the gas field in Groningen because of the earthquakes it caused, which affected local residents, according to Euractiv.

Groningen is one of the largest gas fields in the world and the largest in Europe. It could potentially replace gas supplies from Russia.

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The giant gas fields in the Netherlands once produced more than 40 billion cubic meters of gas per year, equivalent to 10% of the EU’s consumption.

Groningen recorded its first small tremors in 1986. Since then there have been hundreds of other aftershocks. Although most of these can only be seen with special instruments, in 2012 a magnitude 3.6 earthquake struck the province, leading to thousands of property damage claims.

Starting in 2014, the Dutch government imposed increasingly strict restrictions on production from the field, and production fell from 54 billion cubic meters in 2013 to an expected 4.5 billion cubic meters this year.

Rutte told reporters that he did not want to continue the development of the Groningen gas field, but added that at a meeting in Prague, EU leaders agreed on the need to lower gas prices before discussing the energy crisis Last Friday.

Representatives of EU countries are also due to meet in Prague on October 11-12 for an informal energy council. In the next few weeks, new measures to deal with the energy crisis may be taken, in particular measures aimed directly at high gas prices.

As for the Netherlands, Rutte said that charges will be reduced “by limiting the prices for individual households to a certain amount of regular gas and electricity use.”

Remember that today the European Commission says that European countries have filled their gas storage facilities by 90%.

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Source: korrespondent

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