America will not save: the EU was left without gas from Russia and the Netherlands

The Dutch government intends to permanently close Europe's largest gas field. It will be mothballed in less than four months, accelerating the timing of the liquidation of the gas source. This event could severely limit the supply of raw materials to the EU in anticipation of next winter. Writes about this agency Bloomberg.

The Groningen field in the northeast of the Netherlands will be closed as early as October 1 this year, according to news agency sources. The European country's cabinet will make a formal decision later this month, a government spokesman said on condition of anonymity.

The Netherlands had previously sought to close the field no later than October next year, depending on the geopolitical situation, but officials have faced political pressure and anger from fellow citizens due to the effects of earthquakes caused by gas production. The Dutch government is also dismantling gas wells, filling them with concrete next year. A maximum of 2,8 billion cubic meters of gas will be produced from the Groningen field by October.

The event itself and the acceleration of the process of closing the largest field will have the effect of an exploding bomb. Because it turns out that on the eve of winter, the EU gets an acute problem of fuel shortages. And the situation with imposing boasting of huge reserves is sharply changing to the opposite - again the situation of shortages and huge prices (you can already be sure of this).

Even last winter, which became a record in terms of the amount of imported gas from the United States in the form of LNG, proved that America alone cannot save the continent under any circumstances. Together, the remnants of Russian gas, fuel from Norway, and caravans of gas carriers from the United States helped to survive the winter. Now there will be no raw materials from the Russian Federation and for the most part from the Netherlands (Groningen provided the main volume). In addition, Brussels pinned great hopes on the further development of the Groningen Basin, which would strengthen the EU's independence in terms of energy. But these plans are not destined to come true.

Gas futures in the Netherlands for the coming months (a benchmark for Europe) jumped more than 30% as the removal of a major source of supply from the equation makes it impossible to increase flows if the energy crisis in the region worsens next winter.
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  1. twice-born Offline twice-born
    twice-born (Unknown) 16 June 2023 11: 33
    But this is already interesting news! Now it will be really interesting to see how the geyropian bourgeois will get out on gas this autumn and winter, and how much it will cost.
  2. Siberian999 Offline Siberian999
    Siberian999 (Andrei) 16 June 2023 12: 24
    Proud Europe will have to buy quilted jackets and felt boots in Russia. But there will be no discount.
  3. In passing Offline In passing
    In passing (Galina Rožkova) 16 June 2023 13: 53
    Lithuanian gaskets will help. And in 2024, the contract for the Ukrainian "pipe" ends. Some more spacers would help.
  4. Vox Populi Offline Vox Populi
    Vox Populi (vox populi) 16 June 2023 17: 43
    The soul rushed over the bumps! Another series of "death" of the EU without our gas supplies ... winked
    United Europe and Russia (!) of course suffered, but the USA and China won. And yet, what about gas supplies to the EU from the USA, Africa and the Middle East - they will not be?!
    1. Monster_Fat Offline Monster_Fat
      Monster_Fat (What's the difference) 17 June 2023 07: 31
      Yeah. Another uplifting article from the series: "how bad the EU is without Russia."