Shell and Exxon Mobil will not claim compensation for the gas production suspending at the Groningen field

Dutch Economy Minister Eric Wiebes said that energy companies Royal Ditch Shell and Exxon Mobil would not demand compensation for lost revenues due to the decision of the Dutch government to suspend gas production at the Groningen field, which is the property of oil companies. According to Wiebes, this is about 450 billion cubic meters of gas, the price of which is estimated at 70 billion euros. In March, the Government of the Netherlands stopped gas production at the Groningen field until 2030 due to earthquakes on the site caused by its development.

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