Groningen Gas Production

Groningen produced nearly 54b cm of gas in 2013 before.

Groningen gas production. That is 1 2 bcm less than the country s regulator had forecast in june. The dutch government said on monday it would further cut production at the groningen gas field once europe s largest for the coming year ending october 2021 to a maximum of 8 1 billion cubic metres. The field accounts for 50 of the natural gas production in the netherlands the other 50 being supplied by around 300 smaller gas fields most of them located. The dutch government said on monday it would further cut production at the groningen gas field once europe s largest for the coming year ending october 2021 to a maximum of 8 1 billion cubic.

For comparison during the 54 bcm production 2013 year ttf liquidity came in at 8 286 twh with a churn rate of 19. Amsterdam sept 21 reuters the dutch government said on monday it would further cut production at the groningen gas field once europe s largest for the coming year ending october 2021 to a maximum of 8 1 billion cubic metres. Plans to end all production at the field is still slated for mid 2022 though the government will. By 2025 northwest europe will need to replace about 45 bcm of gas given the phase out of groningen and other declines in regional gas output according to platts analytics.

The dutch government says it will halt production at the groningen natural gas field by 2022 eight years earlier than initially planned. But economy minister eric wiebes last month signaled the end could come a lot sooner citing greater capacity to convert high calorific imported gas to the low calorific standard of groningen gas and a switch by large industrial users to other sources of energy. 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. An unusually strong earthquake in january 2018 prompted the government last year to promise to end production by 2030.