Friday 19 August 2011

TAQA to continue Dutch gas storage capacity tender | Reuters

Abu Dhabi National Energy Company TAQA will continue a process to allocate long-term capacity at Europe's largest gas storage project in the Netherlands despite a court order last week which suspended early site work.

"We are pressing ahead with marketing long-term capacity according to schedule and plan to award the first long-term capacity by year-end," a spokesman for TAQA said.

The delivery of the Bergermeer project, which aims to store up to 4.1 billion cubic metres of gas, was thrown into doubt when the Netherlands' top court suspended site preparation work on Aug. 8 on concerns that injecting gas into the depleted field may cause strong earth tremors.

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