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.(* )Gas production from the Dutch Groningen gas field will be stopped totally on October 1 2023.
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Today was the last chance for federal government authorities to raise issues about the draft choice to stop all gas production from the questionable field.
Just in unique circumstances, such as severe cold, will it be possible to draw out gas momentarily and to a minimal level this coming winter season the Council of Ministers chose.
The huge Groningen gas field will close totally on October 1, 2023, the Council of Ministers conference figured out on Friday, sealing the fate of the field for excellent after a draft choice that was proposed in June.
The Council likewise chose that all extraction places for Groningen will be destroyed in October 2024– making sure that the fields will not ever have the ability to be rebooted after that date.
Today was the last chance for federal government authorities to raise issues about the draft choice to stop all gas production from the questionable field.
Till the date of demolition, nevertheless, the field will be functional in case of severe requirement. “Just in unique circumstances, such as severe cold, will it be possible to draw out gas momentarily and to a minimal level this coming winter season,” the Council composed, including that just under these scenarios would it be possible to momentarily launch several production places to the pilot burner levels– when “extremely serious cold is forecasted.”
The Council supplied an example of successive days of temperature levels listed below -6.5 C that accompany another emergency situation, such as a gas storage center failure.
The nation accepted phase out gas extraction in the province a number of years ago due to earthquakes that were believed to be connected with gas extraction. However increasing gas rates in the middle of the energy crunch over the last 2 winter seasons generated speculation that the province might keep the fields functional for a little while longer. Now, a law needs the fields to be destroyed since next October.
The province has actually seen more than a thousand earthquakes over the last number of years, while the federal government generated the equivalent of EUR360 billion in today’s cash from gas profits. Another EUR66 billion went to the oil and gas business, Shell and Exxon. Shell and Exxon were informed back in 2013 that they needed to start lowering output and prepare for shutting the field down totally.
By Julianne Geiger for Oilprice.com
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