• $
  • £

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
KazTransOil Launches First Oil Transit to Kyrgyzstan
Business 18:00
KazTransOil Launches First Oil Transit to Kyrgyzstan
Pashinyan Confirms First Direct Armenian Export to Azerbaijan
Business 17:00
Pashinyan Confirms First Direct Armenian Export to Azerbaijan
Azerbaijan, Ukraine Target $1 Billion Trade via Agri-Logistics Push
Business 15:30
Azerbaijan, Ukraine Target $1 Billion Trade via Agri-Logistics Push
Azerbaijan Sends Another Diesel Fuel Shipment to Armenia
Business 14:00
Azerbaijan Sends Another Diesel Fuel Shipment to Armenia
Accept unlimited payments with Yelo POS terminal!
Business 12:34
Accept unlimited payments with Yelo POS terminal!
Transfer your loan to Birbank and get up to AZN 80 000 with a discount of up to 6%
Business 11:36
Transfer your loan to Birbank and get up to AZN 80 000 with a discount of up to 6%
Gold and Silver Gain on Softening US Dollar and Lower Treasury Yields
Business 11:00
Gold and Silver Gain on Softening US Dollar and Lower Treasury Yields
Crypto Markets Show Mixed Trading as Gold-Backed Tokens Surge
Business 10:30
Crypto Markets Show Mixed Trading as Gold-Backed Tokens Surge
Central Bank of Azerbaijan Sets Official Exchange Rates
Business 09:59
Central Bank of Azerbaijan Sets Official Exchange Rates
Anews TV

Our official Youtube channel

Subscribe