PUBLICATION

Oil and Gas Investor

AUTHORS

Bilge Cuhadar, Nicholas de Weydenthal

Netherlands Oil & Gas 2007 OGI Release

February 05, 2007

It is typical of the Dutch to remain so quiet and modest that it is often forgotten that the Netherlands is a major energy-producing country. Its diminutive size and no-nonsense approach rarely make waves, but Holland is Europe’s second-largest producer of natural gas and the ninth-largest in the world with estimated reserves of between 50 and 60 trillion cubic feet. The country contributes 30% of the European Union’s total gas production. Despite the term “Dutch disease” being coined to illustrate the potential damage a bonanza of natural resources can have on a healthy economy, reflecting the situation in Holland in the 1960s, today Holland is, as it almost always was, a healthy and open economy, outperforming its neighbors and leading the way in terms of economic reform.

RELATED INTERVIEWS MORE INTERVIEWS

"The energy transition can only be funded by big oil, as they are the only players who can balance the low returns of renewables projects with their high earning fossil fuel projects."
Petromar speaks of the outlook for Angola’s oil and gas service industry for the next two years.
ENI updates GBR on the progress of its operations across Sub-Saharan Africa.
Grupo Videre looks at the massive LNG developments in Northern Mozambique from the perspective of a service company.

RECENT PUBLICATIONS

MACIG 2025 - Mining in Africa Country Investment Guide

It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.

MORE PREVIOUSLY PUBLISHED

MACIG

"Ukwazi means 'to know' in Zulu, and our specialist teams and industry experts integrate multiple knowledge disciplines."

SUBSCRIBE TO OUR NEWSLETTER