* Norwegian gas exports total 344 mcm/day * Outage cut Troll field output on Sunday OSLO, Dec 8 (Reuters) - Norwegian natural gas exports rose on Monday fromthe previous day as the country's biggest field Troll ramped up output followingan outage on Sunday, data from gas system operator Gassco showed. Production capacity of Western Europe's key gas supplier was reduced by 22million cubic metres (mcm) on Sunday due to a compressor failure at Statoil's Troll field, but the outage was over by Monday morning. Exports were also up from the last session on Friday, with deliveries toBritain rising the most, while continental Europe was taking slightly less gas. The following table shows Norwegian pipeline gas flows, measured by mcm/day,compared with the previous session's average: Destination Real time Pvs session Change average (mcm) Britain 127 109 18 Germany & Netherlands 131 126 5 France 44 52 -8 Belgium 42 44 -2 Total 344 331 13 NOTE: Pipeline gas export figures are based on gas fed into the system at acertain time and calculated as a daily average. Levels can vary throughout theday as producers adjust the amount of gas they export, according to changingnominations, or orders, from customers. Following is a summary of spot price settlements at European gas tradinghubs: Gas hub Dec 5 Dec 4 NBP (UK) 24.1/55.7 24.2/56.0 TTF (Netherlands) 23.4 23.4 NCG (Germany) 23.4 23.4 Gaspool (Germany) 23.4 23.4 Zeebrugge (Belgium) 23.3 23.5 Peg Nord (France) 23.4 23.6 Peg Sud (France) 23.3 23.5 Oil-indexed prices* 28.69/29.89/33.21 28.69/29.89/33.21 NOTE: Prices are in euros per megawatt-hour (MWh), except for NBP (euros/MWh &p/th). The oil-indexed price for Russian gas is an estimate by Thomson ReutersPoint Carbon. * The oil-indexed prices mentioned above are in order: Russia spot-indexedgas/Russian oil-linked discounted gas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis; editing by Susan Thomas)
BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
(Sharecast News) - BP reported a fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.
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