Reuters: Dutch Gasunie to Spend on Foreign Gas Conversion

Dutch gas grid operator Gasunie is preparing a 200 million euro ($216 million) project to make foreign gas compatible with the national network after concerns over earthquakes forced officials to cap domestic output.

The move follows a decision last month by the Dutch government to cut output from the Groningen gas field, Europe's largest, because of concern over small quakes in the northern region.

The government has asked the state-owned company to begin preparations for the conversion project, Gasunie Chief Executive Han Fennema said. It aims to prevent supply shortages should deeper production cuts be imposed in future.

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