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Royal Dutch Shell News 14 November 2018

 By: , SA News Editor

  • The Dutch government says it expects gas production from Groningen, Europe’s largest onshore field, will fall to 7.5B cm/year by 2022 and drop to zero in the following years.
  • The government also gave its final approval to limit output from Groningen to 19.4B cm/year for the gas year 2018-19, compared to 21.6B cm/year previously.
  • Groningen production is limited due to activity at the site linked to earthquakes in the region, with the government under pressure to enforce further restrictions.
  • Gas company NAM, which runs the Groningen field, is a joint venture of Royal Dutch Shell (RDS.ARDS.B) and Exxon Mobil (NYSE:XOM).

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