By: Carl Surran, 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.A, RDS.B) and Exxon Mobil (NYSE:XOM).
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