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Dutch turning off Groningen gas for 200 firms due the quakes

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The Dutch government has ordered more than 200 of the country's biggest businesses to stop using gas from the quake-prone northern Groningen region, Europe's largest gas-field. Instead, firms must transition by 2022 to using sustainable sources of energy, or use gas from elsewhere

 

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now this is social responsibility. good move

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A good opportunity for Dutch shale oil / gas industry to make up the short fall. And maybe keep the prices down?

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Maybe it is more about the lawsuits and protests than caring for people and enviroment

According to a lawsuit being pursued by 3,500 victims, an estimated 100,000 houses in Groningen have together lost an estimated €1bn in value due to seismic activity.

In April, a Dutch court instructed the public prosecutor to investigate the joint venture over its alleged failure to carry out risk assessments after 1993, at which point the connection between earthquakes and gas extraction had been discovered.

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Good for the home-owners... that's for sure. But we'll become more dependent on Russian gas in the meantime. Next to this, the electricity bill will go up for sure.

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3 hours ago, Joanna said:

A good opportunity for Dutch shale oil / gas industry to make up the short fall. And maybe keep the prices down?

Unfortunately, the few tests we did with shale gas in Holland haven't worked out.. there's also a lot of resistance from local governments/residents

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15 minutes ago, TomTom said:

Unfortunately, the few tests we did with shale gas in Holland haven't worked out.. there's also a lot of resistance from local governments/residents

Always people wanting to eat their cake and have it too. It has to be in your backyard, because no one wants it in their backyard.

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Just read that the Dutch regulator is looking at a possible 2 bcm cut at the Groningen gas field... 

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And calling for a total shutdown if possible, at some point in the future.

 

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The goal is to shut it all down before 2030 ( that's when they expect it to run out of gas anyway...)

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