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Europe enjoys temporary respite from high gas costs
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
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Rob Jetten, Dutch climate and energy minister
Opinion
Netherlands North Sea Gas Russia Energy security
Karolin Schaps
Amsterdam
21 March 2022
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Letter from Amsterdam: Dutch rediscover North Sea gas benefits

An increasingly import-dependent Netherlands is mulling fresh incentives for offshore gas exploration as the industry prepares to make energy transition pledges

Europe’s efforts to reduce its dependence on Russian gas following Moscow’s decision to invade  Ukraine are a timely boon for operators of Dutch North Sea gas fields. After years of underinvestment due to punishing bureaucracy, unattractive commodity prices and unfavourable investment terms, the Dutch offshore gas industry is now being wooed by a new government grappling with a security of supply crisis just two months into the job. “The cabinet wants to prevent production from Dutch small fields from falling faster than the Dutch demand for natural gas, because this would further increase import dependence,” wrote climate and energy minister Rob Jetten in a recent letter to parliament. The

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Europe enjoys temporary respite from high gas costs
2 June 2025
More than anything else, weak Chinese gas demand is providing relief to EU consumers, but it is uncertain how long this relief will last
Gas may be bridge fuel for centuries
30 May 2025
Energy majors argue transition debate has started to factor in the complexities of demand shifts and the wider role for gas
Gabon eyes future post-Bongo
29 May 2025
Sovereignty is the watchword for the new government, but there are still upstream opportunities for those willing to work closely with the state
China’s pragmatic coal-to-gas strategy
29 May 2025
A cautious approach to coal-to-gas switching offers lessons to others who are looking to balance cost with cleaner energy

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