Friday, November 28, 2014 - 09:18
Over 700 sue NAM over fracking earthquakes
700 private homeowners and 12 Groningen housing corporations are taking the Netherlands Petroleum Company (Nederlandse Aardolie Maatschappij - NAM) to court. The individuals and housing corporations want NAM to reimburse the depreciation of their homes caused by gas extraction. This involves a total of 100 thousand homes. The plaintiffs want the compensation to be paid directly and not only after the houses are sold with a possible loss, as Minister Henk Kamp of Economic Affairs wants. The submitters of the claim have joined the Foundation of Depreciation through Earthquakes Groningen (WAG). This foundation has already started a case against NAM.