Highlights Output hike would lead to higher earthquake risk: ministry Field set to close in mid-2022, back-up role to remain European gas prices on run to record highs The Dutch government would not consider any change to its policy on gas output from the giant Groningen field despite record-high prices in the Netherlands and across Europe triggered by a tight market and winter supply concerns. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Groningen is slated to be effectively closed in mid-2022, with only a few parts of the field to be kept open to provide some additional supply in the event of an emergency, such as an extremely cold winter. Once Europe’s biggest producing gas field, Groningen output has been gradually reduced in recent years due to earthquakes associated with production drilling at the site. The production quota for the upcoming gas year due […]