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Dutch government says sorry for quakes caused by Groningen gas field

Screen Shot 2015-03-02 at 19.27.29Mar 2 2015, 15:19 ET | By: Carl Surran, Seeking Alpha News Editor

The Dutch government apologizes for ignoring risks posed by earthquakes caused by production of natural gas from the Groningen field, following a report last month by the country’s safety board that found the government, together with Royal Dutch Shell (RDS.A, RDS.B) and Exxon Mobil (NYSE:XOM), had put profits before safety in exploiting the field.

The economic minister has ordered production at Groningen to be cut by 16% for H1 2015, with another decision on production at the field expected on July 1. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Europe gas supply in focus as Dutch debate giant Groningen field

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Screen Shot 2014-10-01 at 20.37.24The Groningen field is the largest natural gas field in Europe and the 10th largest in the world. It is operated by government-owned Gasunie and output is jointly exploited by the government, Royal Dutch Shell and Exxon. Extraction has resulted in increasingly strong tremors, some measuring as much as 3.6 on the Richter scale, which have cracked buildings and led to widespread damage claims.

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(Reporting By Anthony Deutsch, editing by David Evans)

Extracts

Feb 12 (Reuters) – Gas supplies to Europe from the massive Groningen field in the Netherlands could be curtailed as Dutch lawmakers debating on Thursday face public protests over earthquakes blamed on the site ahead of elections next month.

The parliament debate comes as the Netherlands and the European Union seek to diversify energy needs in the wake of the worst confrontation with Russia since the Cold War.

The Dutch, the EU’s largest gas exporter, can supply their households and power plants for years, but supplies will start dwindling in 2025, and they will soon become a net importer. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Dutch gas field to keep producing as earth tremor risk is studied

Several politicians… have called for an urgent review of gas extraction in Groningen province following earth tremors in recent weeks of up to 3.2 magnitude, which caused cracks in some buildings. The huge gas field near Slochteren in the north of the country has recoverable gas reserves of around 2.7 trillion cubic metres and is operated by Nederlandse Aardolie Maatschappij BV (NAM), which is jointly owned by Royal Dutch Shell and ExxonMobil.

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AMSTERDAM | Thu Feb 14, 2013 1:28pm EST

Feb 14 (Reuters) – The Netherlands will maintain current output levels at one of the world’s largest gas fields while scientists study whether the operations risk causing more severe earth tremors than they have already, a minister said.

“If I cut production, then the effect will be felt in the Netherlands,” the minister for economic affairs, Henk Kamp, told a parliamentary commission on Thursday, referring to the economic consequences of a reduction in gas output. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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