• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 17 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 day The United States produced more crude oil than any nation, at any time.
  • 7 days e-truck insanity
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days James Corbett Interviews Irina Slav of OILPRICE.COM - "Burn, Hollywood, Burn!" - The Corbett Report
  • 5 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 7 days Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 7 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 10 days Bankruptcy in the Industry
OPEC+ Rules in an Increasingly Tight Oil Market

OPEC+ Rules in an Increasingly Tight Oil Market

The market is growing increasingly…

Netherlands Asks Citizens To Restrict Gas Consumption

The Dutch government will advise citizens and businesses to use less gas but has stopped short of activating emergency energy plans.

Earlier today, Germany declared triggered the first phase of emergency gas plans – known as an “early warning” – amid escalating concerns over supply shortages.

Its decision not to follow in Germany’s footsteps has staved off the possibility of a regional or bloc-wide crisis plan within the European Union (EU)

This only occurs when two member states declare an emergency based on the same grounds.

The Kremlin’s demand for gas payments to be made in roubles has sent energy firms scrambling to assess the ramifications, with the EU increasingly concerned Russia could cut off supplies.

The Netherlands imports nearly 20 percent of its natural gas from Russia and has been seeking alternative sources in the wake of Moscow’s invasion of Ukraine on Feb. 24.

Tim van Dijk, the economic affairs ministry spokesperson, told Reuters: “In view of the German decision we reviewed our gas security plan. We are not going to initiate the plan because we will only take that step when there is a real physical shortage or there is an acute threat that it will happen.

He said the Dutch were monitoring the situation on a daily basis and had decided to launch a public campaign this weekend calling on people to reduce their use of gas, following Russia’s invasion of Ukraine.

ADVERTISEMENT

Despite strict sanctions imposed on Moscow by the European Union, Russian gas is still flowing into the continent, accounting for roughly 40 percent of its total supplies.

By City AM

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News