* Norway gas exports at 297 mcm/day * Langeled flows to UK at 26 mcm/day OSLO, April 2 (Reuters) - Norwegian gas exports to Britaineased on Wednesday while gaining to Germany, data from gassystem operator Gassco showed. Flows through the Langeled pipeline, Britain's main subseagas import route, were running at a rate of 26 million cubicmetres (mcm) per day after falling to 30 mcm on April 1, whenproduction was adjusted at the start of a new gas season. Langeled volumes were expected to remain at low levels forApril, unless demand in continental Europe drops, analysts atThomson Reuters Point Carbon said. The following table shows Norwegian pipeline gas flowsmeasured in mcm/day compared with the previous day's closinglevel: Destination Real time Pvs session Change (mcm) Britain 58 64 -6 Germany & Netherlands 148 134 14 France 48 48 0 Belgium 43 39 4 Total 297 285 12 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 April 1 March 31 NBP (UK) 21.0/51.1 21.1/51.1 TTF (Netherlands) 20.0 21.0 NCG (Germany) 20.9 21.3 Gaspool (Germany) 21.3 21.0 Zeebrugge (Belgium) 20.8 20.9 Peg Nord (France) 21.5 21.4 Peg Sud (France) 21.9 21.8 Oil-indexed prices* 29.24/30.97/34.41 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 Jason Neely)
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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