NAM is the Shell/Exxon Joint Venture company responsible for the earthquake blighted Groningen Gas Field and consequential potential bill for untold billions to deal with damaged residences.
PRINTED BELOW IS A TRANSLATION INTO ENGLISH OF INFORMATION PUBLISHED IN DUTCH BY NAM ON 13 DECEMBER 2018
The gas year 2017-2018 ended on 1 October 2018. In this period, NAM produced 20.1 billion m3 of gas from the Groningen field. That is 1.5 billion m3 of gas less than was foreseen.
As a result of the quake at Zeerijp on 8 January 2018, Minister Wiebes of Economic Affairs and Climate commissioned NAM to release the intended production of 21.6 billion m3 of gas.
NAM has been asked to limit production to the extent possible within the applicable conditions. The security of supply for the Netherlands had to be taken into account.
This has resulted in 1.5 billion m3 less gas being produced from the Groningen gas field.
In addition, the last gas year was a warm year. Despite a cold period in late February – early March. ‘Groningen’ had to step in those weeks in order to meet the demand for low-calorific gas.
The figures on gas production in the Groningen gas field can be found on the NAM website.
