Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Exxon,_FL121,_Macclenny
- Credit: Exxon (Picture: Wikimedia Commons/Michael Rivera )
Business
Cabinet
Exxon
Exxon Mobil
Gasterra
Groningenveld
Maatschap Groningen
Minister henk Kamp of Economic Affairs
NAM
Nederlandse Aardolie Maatschappij
Shell
Slochteren
Thursday, 20 November 2014 - 14:30
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Dutch deals with Shell, Exxon under review

The Cabinet wants to revise the agreements with energy companies Shell and Exxon Mobil on the extraction and sale of Dutch gas. Minister Henk Kapm of Economic Affairs is examining the elimination of the so-called Gasgebouw, the ingenious system of agreements between the Sate and Shell and Exxon Mobil. Both companies own half of the Dutch Petroleum Company (Nederlandse Aardolie Maatschappij - NAM). Kamp wants to revise the agreements because of the decline in the gas reseves in the Groningenveld in Slochteren. He would not say whether the State is pursuing other financial or property relations within NAM, gas trading company Gasterra or Maatschap Groningen. According to the contract, Shell and Exxon Mobil are allowed to extract gas in Slochteren as long as it is economically viable.

Follow us:

Latest stories

  • Dutch Cabinet limits cooperation with Uganda due to anti-gay legislation
  • Asian hornet recently spotted in northern Netherlands
  • Footballer Quincy Promes will also be prosecuted for importing 1,362 kg of cocaine
  • Friend in fatal GHB overdose thought she did the right thing by waiting to call medics
  • Terrorism threat is growing in the Netherlands from jihadists, right-wing extremists
  • Likely Senate results: BBB the largest party; Left-wing can give coalition majority

Top stories

  • Footballer Quincy Promes will also be prosecuted for importing 1,362 kg of cocaine
  • Likely Senate results: BBB the largest party; Left-wing can give coalition majority
  • Edwin van der Sar out as Ajax CEO after men’s team has worst finish in 14 years
  • Prices for basic groceries jumped 15% in six months
  • Man abducted in Spanbroek found in Beverwijk, confirms kidnapping
  • Dutch PM reiterates support for Ukraine after "barbaric air raids"

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content