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OSLO, Dec 9 (Reuters) - Norwegian gas exports to continentalEurope slipped on Wednesday, while those to Britain were steady,data from gas system operator Gassco showed. Gas flows to Europe were running at 337 million cubic metres(mcm) per day by around 1015 GMT, down 3 mcm from the volumesdelivered on Tuesday. Norway's gas production capacity remained reduced by 5 mcmper day due to an unexpected outage that started on Monday. The outage was to last for 5-6 days rather than thepreviously expected 1-3 days, Gassco said in an update. 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 95 95 0 Germany & Netherlands 147 148 -1 France 52 53 -1 Belgium 43 44 -1 Total 337 340 -3 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 Dec 8 Dec 7 NBP (UK) 17.34/36.88 17.44/36.80 TTF (Netherlands) 16.75 16.78 NCG (Germany) 16.92 17.00 Gaspool (Germany) 17.00 17.20 Zeebrugge (Belgium) 16.64 16.73 Peg Nord (France) 17.26 16.92 Trading Region South 18.25 18.28 (France) Oil-indexed prices* 20.79/24.89 20.79/24.89 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 Mark Potter)
15 Feb 2024 16:52
LONDON MARKET CLOSE: Stocks in green despite UK hit by recession
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