• $ 1.7
  • € 1.97
  • ₽ 0.021803
  • ₺ 0.04
  • £ 2.2506

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
Baku to host ICAO event in December
Business 14:26
Baku to host ICAO event in December
Gas supply nominations via TAP decline at several entry points
Business 14:00
Gas supply nominations via TAP decline at several entry points
Gold and silver prices rise
Business 13:30
Gold and silver prices rise
Oil prices rise as Brent and WTI futures gain
Business 13:00
Oil prices rise as Brent and WTI futures gain
Azerbaijan’s central bank keeps dollar rate unchanged
Business 10:02
Azerbaijan’s central bank keeps dollar rate unchanged
Azeri Light crude rises above $66
Business 18:02
Azeri Light crude rises above $66
Bir Ecosystem launches another initiative in Karabakh: new office for m10 and Milliön telesales services opens in Fuzuli
Business 16:57
Bir Ecosystem launches another initiative in Karabakh: new office for m10 and Milliön telesales services opens in Fuzuli
Dollar weakens as yuan gains strength
Business 16:30
Dollar weakens as yuan gains strength
The dollar weakens as the yuan gains strength
Business 16:00
The dollar weakens as the yuan gains strength
Anews TV

Our official Youtube channel

Subscribe