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Share Price: 482.55
Bid: 475.00
Ask: 494.00
Change: 0.00 (0.00%)
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NORWAY GAS-Flows to Britain ease as Aasgard output cut

Fri, 30th Oct 2015 11:10

* Pipeline gas flows to Europe at 317 mcm/day * Aasgard field output cut due to outage OSLO, Oct 30 (Reuters) - Norwegian gas flows to Britaineased on Friday as production capacity was hit by an unplannedoutage at the Aasgard gas field, data from gas system operatorGassco showed. Gas flows to Europe were running at 317 million cubic metres(mcm) per day by 1000 GMT, down 8 mcm from the volumes deliveredon Thursday. An unexpected outage cut output from the Aasgard field by16.5 mcm/day and was expected to last for 12-24 hours. However, planned maintenance with a volume impact of 30mcm/day ended by Friday, a day earlier than planned. Norway has total gas pipeline capacity of about 350 mcm ofgas per day. 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 78 84 -6 Germany & Netherlands 142 145 -3 France 52 51 1 Belgium 45 45 0 Total 317 325 -8 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 Oct 29 Oct 28 NBP (UK) 18.20/38.25 18.45/38.70 TTF (Netherlands) 18.15 18.00 NCG (Germany) 18.65 18.30 Gaspool (Germany) 18.08 18.15 Zeebrugge (Belgium) 17.76 18.17 Peg Nord (France) 18.52 18.99 Trading Region South 18.67 18.63 (France) Oil-indexed prices* 20.80/25.39 20.80/25.39 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). * - The oil-indexed prices are in order: Point Carbon's bestestimate for Russian gas, including spot indexation and baseprice discounts, and an estimate for Russian outrightoil-indexed gas. (Reporting by Nerijus Adomaitis; Editing by David Goodman)

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