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AMSTERDAM May 24 A joint venture between Royal
Dutch Shell and Exxon Mobil said on Wednesday
it was considering appealing against a Dutch government plan to
cut production at the Groningen gas field by 10 percent.
The Dutch state earlier on Wednesday confirmed it intended
to go ahead with a tightening of output at the massive field
from Oct. 1. It said interested parties had until July 7 to
announce an appeal.
The 50-50 Shell-Exxon joint venture known as NAM, said in a
reaction that the measure was "disproportionate" and ignored
previously agreed safety norms, which do not call for such a
The NAM said it appeared as if the government wanted it to
"provide absolute safety guarantees" which is impossible.
The proposed cut, first announced in April, is the latest in
a series over the past two years following earthquakes causing
major damage to properties in the northernmost region of the
With the new cut, production will be capped at 21.6 billion
cubic metres (bcm) per year, down from 53.9 bcm in 2013. NAM has
accepted civil responsibility for damage caused by the quakes
and is paying damages of more than 1 billion euros ($1.1
($1 = 0.8937 euros)
(Reporting by Toby Sterling and Bart Meijer; Editing by Mark