Netherlands sticks to plan to close Groningen gas field by October - FT

– The Netherlands stays satisfied of the necessity to shut manufacturing at Groningen, as soon as one in all Europe’s largest fuel fields, by October following earthquake dangers which made it harmful to maintain working, the Monetary Instances (FT) reported on Sunday citing a authorities official.

Mining Deputy Minister Hans Vijlbrief mentioned he would follow the beforehand introduced timetable and aimed to close the earthquake-prone fuel discipline by Oct. 1, with the choice of maintaining it operational another 12 months if there was a scarcity of fuel in Europe after the winter.

Though the Dutch have come below stress to alter course as a result of power disaster triggered by Russia’s invasion of Ukraine, the federal government has repeatedly mentioned manufacturing may solely be resumed as a final resort if fuel provides for Dutch households run out.

Manufacturing at Groningen was scaled again sharply over a interval of years within the 2010s after the Dutch authorities and producer NAM, a Shell-Exxon three way partnership, realized the earthquakes it triggered posed too nice a menace to life and property.

“It’s very, quite simple: all people who has some information of earthquake hazard tells me that it’s actually very harmful to maintain on producing there. I’m fairly satisfied it’s smart to shut it down,” Vijlbrief mentioned to the FT.

Netherlands on Friday mentioned that it's going to cease the seek for new onshore oil and fuel fields in a drive to succeed in its local weather targets and restrict seismic dangers.

The Netherlands for many years was one in all Europe’s most important fuel suppliers via the Groningen discipline within the north of the nation, till manufacturing there was minimize to a minimal to restrict the seismic dangers.

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