Today's market

The discovery of the Groningen gas field in 1959 was the advent of natural gas in the Netherlands. Nowadays, natural gas fulfils approximately half of the Netherlands' total energy requirements.

The discovery of the Groningen gas field in 1959 was the advent of natural gas in the Netherlands. Nowadays, natural gas fulfils approximately half of the Netherlands' total energy requirements. Compared to other fossil fuels, it is a clean fuel that can be used flexibly and safely assuming infrastructure and equipment has been professionally installed.

However, the discovery of the Groningen gas field also led to a boom in natural gas consumption outside the Netherlands. While gas pipelines were being laid across the Netherlands at a rapid rate throughout the 1960s, export contracts were also being signed with other European countries. At the end of the 1990s, the European Union took the first step towards liberalising the energy market in order to promote cross-border trading. This would ultimately lead to the division of Gasunie into a gas infrastructure company (Gasunie) and a trading company (GasTerra).