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RSS FeedsNetherlands net importer of natural gas for first time
(WorldNews Netherlands)

 
 

15 february 2019 14:01:11

 
Netherlands net importer of natural gas for first time
(WorldNews Netherlands)
 


GRONINGEN, 15 February 2019 The gas trading company GasTerra has reported a turnover of 11.2 billion euros for the past financial year (2017: 9.6 billion euros). The volume of natural gas supplied fell slightly, by 1.1 billion cubic metres, to 55.5 billion cubic metres. The rise in earnings, of more than one and a half billion euros, after years of decline is due mainly to the rise in market prices, as well as to its successful purchase and sales policy. The supply of Groningen gas fell again in the past gas year (1 October 2017 to 1 October 2018). The producer, NAM, produced 20.1 billion cubic metres of natural gas from the field, which is 1.5 billion cubic metres less than...


 
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