BB§
54
Uncertain
The majority of the NWGB is based in Germany, which has seen a sea-change in its approach to domestic supply. While the Netherlands has also seen a change in the wider population against green policies, it is yet to be reflected in policy. Consequently, we upgrade our Outlook to Uncertain.
June 18, 2024
Europe - Central
Onshore
Gas
The regional tectonic evolution of the NWGB coincides with of the evolution of the Southern Permian Basin, the basin across central and western Europe. From the late Neoproterozoic Era to Carboniferous Period, Europe underwent the Caledonian Orogeny and Variscan Orogeny. These crustal accretion events produced the present day regional lithosphere, and by the time of the post-orogenic collapse of the Variscan Orogeny the supercontinent Pangea had completely formed. After the formation of Pangea, much of the region underwent crustal instability and thus developing the extensive Permo-Carboniferous magmatic province.
The North German Basin is a passive-active rift basin located in central and west Europe, lying within the southeasternmost portions of the North Sea and the southwestern Baltic Sea and across terrestrial portions of northern Germany, Netherlands, and Poland; the NWG Basin is a member of the Southern Permian Basin super basin.
Source: ESRI, BGS, USGS & OGA data
June 28, 2021
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