The Netherlands booked a trade deficit in natural gas for the first time ever last year, Statistics Netherlands reports based on provisional figures. In 2018 a total of 12 billion euros of natural gas was imported, while the export amounted to 9.8 billion euros. The trade deficit thus amounted to 2.1 billion euros.
natural gas extraction
Apr 26 '17 11:55
Last year the Dutch government made 2.4 billion euros from natural gas extraction - almost 3 billion euros less than in 2015 and the lowest level since 1975, according to figures released by Statistics Netherlands on Wednesday.
The decrease can partly be attributed to decreased gas extraction due to the risk of earthquakes, according to the statistics office. Lower gas prices also played a role - last year the producer prices were halved compared to 2013.
Jul 19 '16 10:45
The Dutch government again became poorer last year due to the declining value of oil- and gas reserves, Statistics Netherlands announced on Tuesday. According to their figures, the government's wealth (assets minus liabilities) dropped by 20 million euros last year. In 2014 it dropped by 60 million euros.
Dec 30 '14 14:21
The Nederlandse Aardolie Maatschappij (NAM, Dutch Petroleum Company) has received 75 damage claims after the earthquake in Groningen early this morning. These include reports of cracks in walls and damage to plaster.
Dec 30 '14 08:28
There was another earthquake in Groningen early this morning. According to the Royal Netherlands Meteorological Institute (KNMI), the earthquake measured 2.8 on the Richter scale. The epicenter was in Woudbloem in the municipality Slochteren.
