Groningen economy shrinks by 13% following shutdown of gas field

Groningen’s economy contracted by 13% in the last year, mainly as a result of the decision to end gas production in the earthquake-hit province, the statistics agency CBS said on Wednesday. Leaving out the figures for the gas sector, the province shrank by just 1%, in line with other regions that recorded an increase or decrease of 1%, or flatlined, in the second quarter of 2023. The government, oil producers and the infrastructure operator GasUnie all agree that the Groningen...