Abu Dhabi national energy company Taqa said it received approval on Wednesday from the Dutch Council of State to proceed with development of the 4.1 Bcm Bergermeer gas storage facility. Taqa and Dutch state holding EBN are respectively 60% and 40% equity partners in the venture, which will require investment of ?800 million ($1.06 billion) in the drilling of 14 new wells, and building a new gas treatment plant in Alkmaar along with pipelines.
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