Groningen gas field
Dutch to shut taps at quake-hit gas field in October
The Netherlands has said that it will close the taps at Europe's largest gas field on October 1 after years of earthquakes, despite global energy worries sparked by Russia's war in Ukraine.
Residents living near the massive Groningen site have complained for more than two decades of being terrorised by quakes which have been directly attributed to drilling operations.
Europe is sitting on natural gas deposit worth $1 trillion but doing nothing – Why?
The Groningen gas field in the Netherlands has about 450 billion cubic metres of exportable gas in reserves
Dutch say EU's biggest field is running out of gas
The Groningen natural gas field, the largest in the European Union, is running out of reserves, with an estimated 17 years left before stocks will be depleted, The Netherlands announced on Sept. 16.
"Dutch natural gas is nearly finished," said Peter Hein van Mulligen, chief economist at the country's Central Statistics Bureau (CBS).
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