Netherlands turns to LNG
The Dutch reign as a pivotal European gas supplier is officially over, as supply from the Groningen gas field declines
The Netherlands is now officially a net gas importer, as dwindling domestic gas output means it is no longer a key European supplier. As a result, the country has nearly tripled LNG imports into its sole terminal, at Rotterdam, to ensure it can meet domestic demand. Dutch LNG imports rose 167pc in 2018 to a record-breaking 4.05bn m³, government data shows. The Netherlands' own gas production, mainly from the giant Groningen gas field, was for the first time in nearly six decades insufficient to meet annual domestic demand. GasTerra, the official wholesaler of Dutch gas, says the Netherlands' reliance on imports is bound to rise over the coming years. "Ever since the first molecules of gas st
Also in this section
10 May 2024
The US’ contentious LNG permitting pause has prompted criticism from CEOs and wildly differing interpretations from politicians
9 May 2024
Pipeline boosts Canada’s oil industry by widening its export options, making it less reliant on US market and bringing Asia into the mix
8 May 2024
Despite Australia’s first import terminal nearing completion, the prospect of additional regasification projects is far from certain