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Europe & Russia - Production

Natural gas analysis & forecasts February 2019

Dutch supply will be dragged down by declines in output from the Groningen field during this gas year and the next.

Output from Groningen dropped by 5% on an annual basis in January, to 1.9 bcm. The cap for production from the field in the current gas year is 19.4 bcm, a decline of just 3.5% from output levels seen during the 2017/2018 gas year. However, supply from Groningen is expected to continue to fall at a faster rate than that required by the cap. Public...