Dutch Closing Europe’s Biggest Gas Field Raises Concerns for Hub
- GasTerra concerned lower flows will hamper expansion of market
- Groningen’s production will be cut until field closes by 2030
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A decision to close Europe’s biggest natural gas field is starting to raise concerns about the impact on the region’s biggest trading hub for the fuel.
The Dutch Title Transfer Facility has grown into Europe’s largest gas market in the past few years, surpassing the U.K., partly because of the scale of flows converging in the Netherlands.