* Norwegian gas exports total 353 mcm/day * Flows to Britain edge up to 121 mcm/day OSLO, Feb 6 (Reuters) - Norway's pipeline natural gasexports to Europe rose to the highest level since February 2012on Friday, which was expected to be the coldest day this winterin northwestern Europe. Norwegian real-time gas flows were running at a rate of 353million cubic metres (mcm) per day, with deliveries to Germanyrising the most, data from the gas system operator showed. "Today is likely to be the coldest day in North WesternEurope during the current cold spell. From tomorrow,temperatures are expected to increase sharply," analysts atThomson Reuters Point Carbon said. While rising temperatures are expected to reduce demand,there was a risk the supply could be disrupted by stormy weatherhitting western Norway over the weekend. "(The) last storms at Norwegian coast in middle of Januarycaused a number of severe outages at the Norwegian continentalshelf (NCS), therefore we consider this as a risk factor for NCSproduction early next week," the analysts said. The following table shows Norwegian pipeline gas flows,measured by mcm/day, compared with the previous session'saverage: Destination Real time Pvs session Change average (mcm) Britain 121 119 2 Germany & Netherlands 132 126 6 France 55 55 0 Belgium 45 44 1 Total 353 344 9 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 Feb 5 Feb 4 NBP (UK) 22.6/49.7 22.3/48.8 TTF (Netherlands) 21.6 21.4 NCG (Germany) 22.2 21.4 Gaspool (Germany) 22.3 21.2 Zeebrugge (Belgium) 21.8 21.3 Peg Nord (France) 23.4 22.0 Peg Sud (France) 23.4 21.9 Oil-indexed prices* 27.04/28.52/31.69 27.04/28.52/31.69 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). The oil-indexed price for Russian gas isan estimate 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 David Clarke)
Shell announces $4bn share buyback as Q3 profits beat expectations
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