Wintershall sends out a positive signal for domestic crude oil and natural gas production

Wintershall sends out a positive signal for domestic crude oil and natural gas production

• Opening of the new global drill core warehouse in Barnstorf, Lower Saxony, underlines the future viability of oil and gas as energy sources
• Seele: “Domestic production makes an important contribution to supply security and the development of globally recognized technology and environmental standards”
Barnstorf/Kassel. Domestic production is becoming increasingly significant in the global race for crude oil and natural gas. Natural gas produced in Germany covers about 15 percent of the country’s overall requirements – this equals the annual consumption of more than six million single-family homes. At the same time, the very demanding geological and legal conditions in Germany mean that the domestic production of oil and gas also creates continuous innovation, which also makes its mark internationally. “Domestic production is indispensable, for supply security begins on our own doorstep,” Rainer Seele, Chairman of the Board of Executive Directors of Wintershall, said today at the opening ceremony of the new global drill core warehouse at the company’s operations in Barnstorf. “Our work here in Germany also forms the basis for innovation and advanced technology with which we can prosper globally and forge international partnerships,” Dr Seele explained. This is complemented by our world-renowned expertise in handling strict environmental standards on a daily basis. However, it is not just consumers and companies that benefit from local production; but also the German states and the municipalities. “The oil and gas companies are an important employer there and often the largest trade tax contributors,” Seele said.
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