The treaty establishes agreements between both countries regarding the distribution of the expected quantities of gas in German-Dutch gas fields, the allocation of costs and revenues from extraction among the permit holders, as well as the gas revenues for both the Netherlands and Germany.

The signing marks the cabinets goal to ensure gas supply security for residents and businesses in our country. Gas extraction in this area not only strengthens the supply security of the Netherlands and our neighboring countries but also contributes to a stronger European gas market.

Supply security and affordable, clean energy are crucial for the Netherlands, Germany, and Europe to maintain our prosperity, industry, future earning capacity, and competitive position. Our countries are closely intertwined in energy matters and share common energy and climate goals. We not only have an integrated energy infrastructure but also collaborate on supply security and share common ambitions in the development of offshore wind energy and hydrogen.

The company ONE-Dyas will extract gas from the N05-A platform (see photo) from the cross-border N05-A field and possibly other connecting gas fields in the broader Gateway to the Ems (GEMS) region. It is estimated that the N05-A field, together with surrounding GEMS fields, could yield about 50 billion m3 of natural gas over the next 20 years.

To this end, the company will use green electricity from the nearby German wind farm Riffgat, and the platform has been built lower to be less visible from the coast. This allows gas to be extracted in a relatively clean manner while being mindful of the environment.

This project can directly contribute to the recently concluded sector agreement to responsibly extract the remaining natural gas in the North Sea.

Additionally, ONE-Dyas intends to explore the possibility of a pilot for offshore hydrogen production at the N05-A platform at a later stage. There is also potential for CO2 storage in this area in the future. This could symbolize the further development of the GEMS area as the future of our offshore energy system and system integration at sea.