* Norway gas exports total 261 mcm/d * Deliveries to Britain at 57 mcm/d OSLO, June 14 (Reuters) - Norwegian pipeline gas exports toEurope were broadly steady on Friday as a drop in flows toBritain was offset by a rise to Germany and France, data fromgas system operator Gassco showed. Deliveries to Europe including Britain were at 266 millioncubic metres (mcm) by 0935 GMT versus an average of 264 mcm onThursday. Supplies to Britain, Europe's biggest traded market, easedby 7 mcm to 57 mcm, with flows through the 72 mcm capacityLangeled pipeline running at a rate of 22 mcm per day. Flows to Britain through the Vesterled pipeline were down to10 mcm due to lower production at the Oseberg gas field. Combined supplies to Germany and the Netherlands gained by 6mcm to 118 mcm, and those to France firmed by 4 mcm to 50 mcm. Exports to Belgium were steady at 41 mcm. Norway's export figures are based on gas fed into the systemat a certain time and calculated to a daily average. Volumes canvary throughout the day as producers adjust the amount of gasthey pump. Following is a summary of spot price settlements at Europeangas trading hubs: Gas hub June 12 June 13 NBP 24.7/61.5 25.0/62.3 TTF 26.3 26.4 NCG 26.5 26.6 Gaspool 26.5 26.5 Zeebrugge 26.2 26.2 Peg Nord 26.6 26.6 Peg Sud 30.0 29.5 Oil-indexed price 37.26/92.18 36.69/91.78 NOTE: Prices are in euros per megawatt-hour, except for NBP andoil-indexed prices, which are also given in pence per therm. The oil-indexed price is a monthly estimate by Thomson ReutersPoint Carbon and can vary due to day-to-day currencyfluctuations. (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.
Read more