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Share Price: 482.55
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NORWAY GAS-Flows on track to set record high

Tue, 01st Dec 2015 12:04

Dec 1 (Reuters) - Norwegian gas flows to Europe on Tuesdaywere on track to set a new daily high, mainly due to a rise indeliveries to Britain, data from gas system operator Gasscoshowed. Gas flows to Europe as a whole were running at 364 millioncubic metres (mcm) per day by about 1000 GMT, up from 354 mcmdelivered on Monday and above the previous daily high of 358 mcmset on Nov. 21-22 during a cold spell. Gassco first started reporting physical gas flows in 2012. "If this level holds through the day, Norwegian productionwill mark a new record high," Thomson Reuters Point Carbonanalysts said. The following table shows Norwegian gas pipeline flows,measured in mcm/day, and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 119 110 9 Germany & Netherlands 149 148 1 France 52 52 0 Belgium 44 44 0 Total 364 354 10 NOTE: Real-time gas export figures are based on gas fed intothe system at a certain time and calculated as a daily average. Levels can vary throughout the day as producers adjust theamount of gas they export, according to changing nominations, ororders, from customers. Volumes for the previous business day show delivered gas. Following is a summary of spot price settlements at Europeangas trading hubs: Gas hub Nov 30 Nov 27 NBP (UK) 18.57/38.19 17.97/37.10 TTF (Netherlands) 18.20 17.70 NCG (Germany) 17.95 18.13 Gaspool (Germany) 17.85 17.95 Zeebrugge (Belgium) 17.92 17.46 Peg Nord (France) 17.80 18.09 Trading Region South 19.97 18.79 (France) Oil-indexed prices* 20.70/25.18 20.70/25.18 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). * - The oil-indexed prices are in order of Point Carbon'sbest estimate for Russian gas, including spot indexation andbase price discounts, and an estimate for Russian outrightoil-indexed gas. (Reporting by Nerijus Adomaitis, editing by David Clarke)

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