Stories tagged with gas supply

Dutch government acknowledges peak gas

Posted by Rembrandt on June 19, 2008 - 9:55am in The Oil Drum: Europe
Topic: Supply/Production
Tags: european gas, gas supply, natural gas, Netherlands, peak gas [list all tags]

Today a historic moment took place. The Dutch government acknowledged in its new energy strategy that Dutch natural gas production has passed its peak (file in Dutch here). Stating that the peak occurred in 2007/2008 and the Netherlands will have become a net importer of natural gas by 2025.

Figure 1 - Dutch gas forecast from TNO commissioned by the Dutch ministry of economic affairs. Y-axis in billion cubic meters Groningen Field Equivalent Heating Content. Red are the rapidly depleting small gas fields onshore and in the north sea. Light Blue is the large Slochteren field in the province of Groningen. Dark blue is the yet to be found production from small fields.

[Editor's note: The Netherlands is Europe's second largest gas producer after Norway. When the Dutch Government announces that their gas production will now decline this has major consequences for European energy security, in my opinion.]

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Grangemouth/Forties Update: Forties pipeline remains shut down (Thread 2)

Posted by Euan Mearns on April 27, 2008 - 11:01am in The Oil Drum: Europe
Topic: Policy/Politics
Tags: forties pipeline, gas supply, gasoline, gasoline prices, grangemouth, oil, oil prices, refineries, scotland, strike action [list all tags]

Make sure to check out our Grangemouth/Forties poll--use this thread as the comment thread for it.

Latest:
• Grangemouth oil refinery is shutdown.
• The Forties Pipeline is shutdown
• Over 60 North Sea oil and gas fields are shutdown.
• About 700,000 bpd oil production lost costing £40 million / day @ $110 per barrel
• About 70 million cubic meters natural gas production lost per day costing £42 million / day @ 60 p / therm
• BP, Shell, Exxon-Mobil, BG Group, Conoco-Philips, Chevron-Texaco, Total, Marathon, Tallisman, Nexen, Venture, Dana and many more companies affected
• Global energy prices rise
• Rural Scottish economy hit hardest by fuel shortages
• Risk level is raised throughout the system
• Worker's grievance is unresolved
• Population calm, politicians panic, fuel rationing looms?

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