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Friday, June 5, 2015

Groningen Gas Production Cut Due to Earthquakes

Groningen Gas Production Cut Due to Earthquakes

Screen Shot 2015-06-05 at 20.56.40

Screen Shot 2015-06-05 at 21.03.05Article by Isis Almeida published 5 June 2015 by Bloomberg.com

A proposed reduction in natural gas output at Groningen in the Netherlands, Europe’s biggest field, will probably be limited by the nation’s ability to convert imported fuel into the right quality for domestic use, GasTerra BV said.
Groningen production needs to be about 33 billion cubic meters a year during a cold winter, given the nation’s ability to transform imported high-calorific gas into low-calorific fuel used by Dutch households, according to Chief Executive Officer Gertjan Lankhorst. The company is the sole marketer of the field’s output.


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