Netherlands lowers Groningen output
The Dutch government has further cut production from the giant Groningen gas field in order to limit damage to the buildings in the region
In early July set a cap of 30bn cubic metres (cm) on this year’s production from the giant, flexible Groningen gas field, meaning that the operator NAM may produce just 13.5bn cm in the second half of the year. Gas marketer GasTerra may need to import more gas to meet domestic demand and export commitments. GasTerra, which is owned 25% each by the majors ExxonMobil and Shell (who are also the 50-50 shareholders in NAM) and 50% by the Dutch state, has exclusive rights to Groningen gas. The government was acting on the advice of the state mining oversight agency, which called for lowering the output as far as realistically possible, but it allowed an upper limit of 16.5bn cm for the second hal
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
