Insight

Groningen production cap reduction: implications for 2015 and beyond

This report is currently unavailable

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

The Groningen production cap for the first half of 2015 has been restricted to 16.5 bcm and we now believe that output will be only 33 bcm this year. Revenues for both the state and for the operator will fall. Additional gas purchases of over 5 bcm are now required to satisfy Dutch demand plus its export commitments in 2015. Despite this reduction, we see the risk of European spot prices falling below US$7/mmbtu in Q4 2015. Longer-term we have reduced our outlook for Groningen output.

What's included

This report contains

  • Document

    Groningen production cap reduction: implications for 2015 and beyond

    PDF 309.31 KB

Tables and charts

This report includes 3 images and tables including:

Images

  • Groningen production cap reduction: implications for 2015 and beyond: Image 2
  • Groningen production cap reduction: implications for 2015 and beyond: Image 1
  • Groningen production cap reduction: implications for 2015 and beyond: Image 3

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898