AMSTERDAM, March 5 (Reuters) - The Netherlands will not
permit companies to drill for gas in the Dutch part of the
protected Wadden Sea, the Dutch government said on Tuesday in a
move that will block planned exploration by Shell and
ExxonMobil ( XOM ) joint venture NAM.
Mining minister Hans Vijlbrief said new projections for an
accelerated rise of sea levels due to climate change had altered
the picture for gas drilling at the site, increasing risks that
extraction could pose for the seabed.
NAM discovered gas reserves of up to 40 billion cubic metres
(bcm) in the Wadden Sea in the mid-1990s and forecast additional
volumes of 30 to 130 bcm might be found there.
Since then, the issue of gas drilling in the environmentally
sensitive nature reserve has become a sensitive topic.
The Wadden Sea is a UNESCO World Heritage site but last year
the United Nations warned it could lose that status if gas
drilling were to be permitted there.