* Norway gas exports at 326 mcm/day * Langeled flows to UK at 74 mcm/day OSLO, March 21 (Reuters) - Gas exports from Norway, Europe'ssecond-biggest supplier, remained strong on Friday, with flowsto Germany gaining even further from the previous day average,data from gas system operator Gassco showed. Supplies through the Langeled pipeline, Britain's mainsubsea gas import route, were running at 74 million cubic metres(mcm) per day by 0900 GMT, contributing to oversupply inBritain, and pushing NBP prices lower. The following table shows Norwegian pipeline gas flowsmeasured in mcm/day compared with the previous day's closingamount: Destination Real time Pvs session Change (mcm) Britain 107 109 -2 Germany & Netherlands 129 122 7 France 45 45 0 Belgium 45 44 1 Total 326 320 6 NOTE: Pipeline gas export figures are based on gas fed into thesystem 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. Following is a summary of spot price settlements at Europeangas trading hubs: Gas hub March 20 March 19 NBP (UK) 22.7/55.6 23.0/56.4 TTF (Netherlands) 22.1 22.5 NCG (Germany) 22.2 22.6 Gaspool (Germany) 22.5 22.4 Zeebrugge (Belgium) 22.3 22.6 Peg Nord (France) 22.2 22.6 Peg Sud (France) 23.0 23.6 Oil-indexed prices* 29.46/30.97/34.41 29.46/30.97/34.41 NOTE: Prices are in euros per megawatt-hour, except for NBP(euros/MWh & p/th). The oil-indexed price for Russian gas is anestimate by Thomson Reuters Point Carbon. * The oil-indexed prices mentioned above are in order:Russia spot-indexed gas/Russian oil-linked discountedgas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis, editing by William Hardy)
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
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