The Netherlands Warned of the Depletion of Gas Reserves in Nine Years
The Central Bureau of Statistics of the country noted that this will be possible if the current level of production is maintained.
Gas reserves in the Netherlands will be completely depleted in less than nine years if production continues at current levels. This warning was issued by the Central Statistical Bureau of the country.
According to the organization, in 2022 the Netherlands produced a total of 16.1 billion cubic meters. m of gas from various fields. In turn, the total explored reserves are currently estimated at 142 billion cubic meters. m.
We are talking about “small deposits on land and in the North Sea,” said the statistical office.
This figure does not include the Groningen field, which is the largest in the Netherlands. It has been producing gas since 1963, and at its peak in 2013, it produced more than 50 billion cubic meters. m of gas, but the government decided to completely stop its development in connection with earthquakes caused by gas production. In 2022, it produced just over 2 billion cubic meters. m of gas. In 2023, gas production at it will be stopped, and in 2024 it should be completely closed.
At least 127,000 of the region’s 327,000 homes were damaged by earthquakes, according to the Groningen Institute, which assesses damage from mining operations. The government had previously approved a plan to compensate local residents affected by man-made earthquakes. The total amount of compensation will be €22 billion over the next 30 years.
