• $
  • £

Netherlands, Germany to start developing gas field in North Sea

Netherlands, Germany to start developing gas field in North Sea
02.06.2022 17:00
British regulators gave final approval on June 1 to develop a new North Sea gas field, while the Dutch government announced that it has issued permits for a joint gas exploration project with Germany, reported from Associated Press.

European nations are scrambling to tap new sources of natural gas that will help them wean themselves off supplies from Russia, but environmentalists have criticized the decision to invest in fossil fuels rather than renewable energy that would do less harm to the planet.

Britain’s business and energy secretary, Kwasi Kwarteng, said UK regulators approved the Jackdaw gas field being developed by Shell.

Separately, the Netherlands issued permits for a new gas field off its North Sea coast on the border with Germany. The Dutch government said permission from German authorities to drill for gas in the region was still pending. If the joint project is approved, the first gas could be produced by the end of 2024, the Dutch government said.

Russian state energy giant Gazprom said on May 31 that it was halting the flow of gas to Dutch trader GasTerra, along with several other European customers. Moscow is seeking ways to retaliate against sanctions imposed by European nations over its attack on Ukraine.





www.anews.az
Similar news
Similar news
Armenia exports aluminum foil to Azerbaijan, economy minister says
Business 18:00
Armenia exports aluminum foil to Azerbaijan, economy minister says
Azerbaijan moves to establish legal framework for asset securitization
Business 17:00
Azerbaijan moves to establish legal framework for asset securitization
Baku and Berlin to discuss Middle Corridor investments
Business 13:54
Baku and Berlin to discuss Middle Corridor investments
Natural gas prices edge up on NYMEX
Business 13:00
Natural gas prices edge up on NYMEX
Brent and WTI crude futures retreat on London and New York exchanges
Business 12:00
Brent and WTI crude futures retreat on London and New York exchanges
Gold edges higher, silver eases on COMEX
Business 11:30
Gold edges higher, silver eases on COMEX
Combine your loans in one place with up to 2% discount!
Business 11:25
Combine your loans in one place with up to 2% discount!
Azeri Light crude surges past $121 per barrel
Business 09:30
Azeri Light crude surges past $121 per barrel

Gold and silver futures slip on COMEX exchange
Business 17:30
Gold and silver futures slip on COMEX exchange
Anews TV

Our official Youtube channel

Subscribe