This as the timing of production of this gas is highly uncertain, currently this is not expected to start before 2040. 0% of the world's total natural gas reserves of 6,923 Tcf.The Netherlands has proven reserves equivalent to 18.1 times its annual consumption. This section deals with the expected trend in the supply of Dutch natural gas (domestic production) in the next 25 years (2016 to 2040). Production Oil reserves however are limited, despite the 48 discovered fields. As at 1 January 2016 there are 477 proven natural gas accumulations in the Netherlands. In the Dutch subsurface more than 470 gas fields are discovered, about 250 fields are developed. Estimates are largely based on data submitted by operators. As of this annual report these are included in the regular reserves. The production is expected to be at most a few percent of the current conventional natural gas production. For, API: fuel, electricity and natural gas price data feed, Gasoline prices in cities around the world. Minister Henk Kamp of Economic Affairs has put the potential importance of shale gas for the Netherlands into perspective. For comparison, the price of natural gas in the world in that month is 0.05 U.S. Dollar per kWh for households and 0.05 U.S. Dollar per kWh for businesses. The production of the reserves in underground gasstorage facilities (i.e. This is due to the halt in production in the Schoonebeek field as a result of problems in disposal of produced water. The Netherlands consumes 1,531,964 million cubic feet (MMcf) of natural gas per year as of the year 2017.; The Netherlands ranks 23rd in the world for natural gas consumption, accounting for about 1.2% of the world's total consumption of 132,290,211 MMcf. As the decision is not definitive yet, the estimated supply for the next 25 years (2016 to 2040) is restricted to the small fields and as yet undiscovered accumulations (exploration potential). All the volumes are given in billions of m3 Groningen gas equivalents. Chart of fuel prices in Netherlands. Highest gas prices in Sweden, Spain and the Netherlands. There are plenty of energy providers to choose from, with most offering electricity and gas, should you want both. The estimates follow the Petroleum Resource Management System (SPE, 2011). See also: List of countries by Gas Reserves. The reference date for the present review is 1 January 2016. The expeced increase in production as of 2017 is mostly from the Q13-Amstel and Schoonebeek fields. These rates include all taxes, fees and other components of the gas bill. The remaining commercially producible volumes of natural gas in the proven accumulations are defined as the (remaining) reserves. For comparison, the price of natural gas in the world in that month is 0.05 U.S. Dollar per kWh for households and 0.05 U.S. Dollar per kWh for businesses. Estimates are largely based on data submitted by operators. In order to establish security of supply, this decision allows for an increase in the maximum level should winters colder than average occur. and be informed. The prognosis of production from Dutch natural gas will again be restricted to the small fields this year. Netherlands, March 2020: The price of natural gas is 0.090 U.S. Dollar per kWh for housebolds and 0.083 U.S. Dollar per kWh for businesses. Setting up electricity and gas in the Netherlands. The estimated domestic production from the small fields is based on the following: As at 1 January 2013 there are 48 proven natural oil accumulations in the Netherlands. Click here for the form. As a consequence of the adoption of the PRMS, the resources are from now on subdivided in Reserves and Contingent resources (subcategory Development pending) To a certain degree this corresponds with the formerly used subdivision in developed and undeveloped fields and as such does not result in a change in trend. As a result only part of the initially producible volume of gas remains. Natural gas is the largest source of domestic energy production and a key fuel for industry and for building heating. The other fields are therefore called 'small fields'. At present, 12 of these accumulations are producing. The table below shows the reserves (i.e. Oil reserves however are limited, despite the 48 discovered fields. As the resource classification is project-based, reserves and contingent resources may both be present within one accumulation. The Groningen field is amongst the 10 largest gas fields in the world and there are hundreds of small gas fields in the Netherlands subsurface. The reference date for the present review is 1 January 2016. Moreover several new offshore fields will come into production. According to the PRMS classification shale gas is still in the category of prospective resources in a not yet proven play.