Gas extraction Sample Clauses

Gas extraction. The earthquakes in Groningen have enormous impact. All aspects relating to this phenomenon will remain high on the agenda. The guiding principle is safety first. We will introduce measures to reduce dependence on Groningen gas, so that we can continue gradually scaling back production. This is necessary to ensure the safety of people living in the affected region and of gas buyers. Above ground, we will work on prevention, restoration and better prospects. The focus should be on restoring and strengthening homes, buildings, monuments and infrastructure – not on discussions about who is responsible for what. Damage claims and restoration will be dealt with by a body that is independent from Dutch oil and gas exploration and production company NAM. We will set up a fund to invest in the region’s liveability and economy. Safe and responsible gas extraction • Necessary measures to ensure safe gas extraction will be implemented, and decisions on gas production will also take account of the safety risks involved in ensuring security of supply. • The aim is to reduce demand for Groningen gas by 3 billion cubic metres (bcm) between now and 2021. According to current insights, both less extraction and more stable extraction reduce the earthquake risk. At the same time, it is clear that we must provide scope, now and in the future, for a fast response to new insights and incidents if necessary for safety reasons. NAM’s measurement and control protocol, which has been approved by the State Supervision of Mines (SODM), can help ensure responsible drilling of the gas field. We adopt the SODM’s positive recommendation. About half of the leeway created by the fall in demand will therefore be used to enable more stable extraction with as few fluctuations as possible. • During this government’s term of office, the use of gas by electricity companies and industry will be cut back where this is legally and technically possible and can be done responsibly, with a view to permanently reducing demand for Groningen gas. The government will negotiate with gas buyers on the possibility of switching to sustainable sources or, if this is not possible, to high-caloric imported gas. We will also make agreements with local authorities, distribution network operators, housing associations, financiers and other stakeholders on a programme-driven strategy for making the built environment more sustainable. • We expect to be able to reduce gas extraction by an extra 1.5bcm by the end of thi...
AutoNDA by SimpleDocs
Gas extraction 

Related to Gas extraction

  • Production Lessee shall, subject to applicable laws, regulations and orders, operate and produce all xxxxx upon the leased land so long as the same are capable of producing in paying quantities, and shall operate the same so as to produce at a rate commensurate with the rate of production of xxxxx on adjoining lands within the same field and within the limits of good engineering practice, except for such times as there exist neither market nor storage therefore, and except for such limitations on, or suspensions of, production as may be approved in writing by Lessor. Lessee shall be responsible for adequate site security on all producing properties.

  • Interconnection 2.2.10 Startup Testing and Commissioning

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Engineering Forest Service completed survey and design for Specified Roads prior to timber sale advertisement, unless otherwise shown in A8 or Purchaser survey and design are specified in A7. On those roads for which Forest Service completes the design during the contract, the design quantities shall be used as the basis for revising estimated costs stated in the Schedule of Items and adjusting Timber Sale Account. Forest Service engineering shall be completed according to the schedule in A8. Should Forest Service be unable to perform the designated survey and design by the completion date or other agreed to time, upon written agreement, Purchaser shall assume responsibility for such work. In such event, Contracting Officer shall revise:

  • Fuel 28.1 The Vehicle must be returned with the amount of fuel equal to that at the time of the commencement of the rental. If the Vehicle is returned with less fuel, the difference will be charged to You at a rate of $5.00 including GST per litre (which includes a service component).

  • Metering The Interconnection Customer shall be responsible for the Connecting Transmission Owner’s reasonable and necessary cost for the purchase, installation, operation, maintenance, testing, repair, and replacement of metering and data acquisition equipment specified in Attachments 2 and 3 of this Agreement. The Interconnection Customer’s metering (and data acquisition, as required) equipment shall conform to applicable industry rules and Operating Requirements.

Time is Money Join Law Insider Premium to draft better contracts faster.