Dutch government cuts Groningen gas production

The Government of the Netherlands has ordered a further tightening of gas production at Europe’s largest gas field. It said no more than 30 billion cubic meters of natural gas will be extracted from the Groningen field – operated by NAM – this year. Production will be limited to 13.5 billion cubic meters in the […]

Volatility rules the day – DMR

  Gas and power prices have opened high but quite volatile according to the daily market report from npower. Tim Carter, Client Portfolio Manager on npowers Optimisation Desk said the main driver is the Dutch decision to cap production from one of their main gas fields at Groningen. The analyst said: “The Dutch Government announced […]