Last week saw sharp swings in European gas prices. The price of natural gas shot up on Tuesday, 14 June, due to concerns over supply from Norway. Production at three major Norwegian gas fields and facilities is at a standstill. This is the third price jump in eight days.
From 1 July, petrol and diesel will become significantly more expensive in the Netherlands due to increased fuel taxes. This price increase may lead to more significant price differences with neighbouring Belgium, Germany and Luxembourg, making it attractive for many Dutch motorists to fill up across the border.
Gas and energy prices in the Netherlands have risen sharply recently, rising nearly 25 % on a single day, with traders paying around €33 for a megawatt hour. Despite this increase, the cost of gas is significantly lower than last year, when prices were often above €100. This has resulted in lower energy bills for consumers.
Yesterday NU.nl reported that according to Prime Minister Mark Rutte, gas extraction in the Groningen field will stop completely this autumn. There is still minimal gas extraction, allowing the wells to remain open. However, the closure is subject to several conditions, including sufficient foreign gas, which can be converted to the type suitable for our heating systems and cooktops.
The Netherlands' four largest internet providers - Ziggo, KPN, T-Mobile and Delta - have announced or implemented significant price increases since the beginning of 2023. However, despite these price increases, there has been no profit increase at the providers, NU.nl reported today.
