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Warning: No North Sea gas production by 2030

Following Russian invasion of Ukraine in 2022, cabinet wanted to speed up North Sea gas permits as much as possible

Sep 15, 2024 13:30 207

Warning: No North Sea gas production by 2030  - 1

Research institute TNO reports that Dutch North Sea gas production fell more than expected last year. If this trend continues, researchers expect gas production in 2030 to be “minimal". Gas resources on land and in the sea have decreased extremely in the Netherlands: from 97 to 74 billion m3 in 2023, according to a publication of the institute, writes BTA.

In 2023, about 8.8 billion cubic meters of gas were extracted from the seabed, which is 10% less than expected at the beginning of the year. According to TNO, this is mainly due to the fact that companies are extracting less gas from their North Sea fields and are less willing to invest in new gas fields. Producers have also drilled less in the North Sea to test for gas in certain areas. Little exploratory drilling for potential new gas fields is predicted in the coming years, a trend similar to that in the UK, TNO says.

Researchers have calculated expected gas production for the next few years based on three scenarios. In the most pessimistic scenario, where gas production barely increases, it will amount to two billion cubic meters in 2030, said researcher Rory Dallman, quoted by Dutch media. Around 2040, production will drop to zero cubic meters.

Under the intermediate scenario, in which investment increases slightly for a short time, gas production in 2030 will be about 3.7 billion cubic meters, the researcher says, more than half of what it was in 2023

After the Russian invasion of Ukraine in 2022, the cabinet wanted to speed up the issuance of permits for the extraction of gas in the North Sea as much as possible. This was to ensure that the Netherlands would be less dependent on gas from Russia. But almost two years later, the acceleration is not visible, TN O adds.

Furthermore, public pushback against onshore and offshore gas extraction also accounts for fewer new projects, according to the researchers. Last summer, demonstrators of “Greenpeace“ to combat climate change, they tried to stop the construction of a new offshore drilling rig at Schiermonikoog.

According to TN O, total gas production decreased by a third last year. This is mainly due to the closure of the Groningen gas field in April.