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NORWAY GAS-Flows to Belgium, Britain rise

Wed, 17th Sep 2014 09:46

* Norway's pipeline gas exports total 224 mcm/day * Flows to Belgium rebound after maintenance OSLO, Sept 17 (Reuters) - Norway's pipeline gas exports rose on Wednesdayfrom the previous day, mainly due to flows restarting to Belgium after a one-daymaintenance, partly offset by a drop in deliveries to Germany. Deliveries to Britain also rose on higher flows via the FLAGS pipeline,which was shut most of Tuesday due to an outage at Shell's receivingterminal at St Fergus. The following table shows Norwegian pipeline gas flows, measured in millioncubic metres/day, compared with the previous session's average: Destination Real time Pvs session Change average (mcm) Britain 41 36 5 Germany & Netherlands 116 131 -15 France 33 28 5 Belgium 34 10 24 Total 224 205 19 NOTE: Pipeline gas export figures are based on gas fed into the system at acertain time and calculated as a daily average. Levels can vary throughout theday as producers adjust the amount of gas they export, according to changingnominations, or orders, from customers. Following is a summary of spot price settlements at European gas tradinghubs: Gas hub Sept 16 Sept 15 NBP (UK) 21.4/50.0 20.9/48.8 TTF (Netherlands) 21.4 20.8 NCG (Germany) 21.8 21.2 Gaspool (Germany) 21.5 21.0 Zeebrugge (Belgium) 21.5 21.0 Peg Nord (France) 22.3 22.4 Peg Sud (France) 26.6 26.3 Oil-indexed prices* 28.31/30.29/33.66 28.31/30.29/33.66 NOTE: Prices are in euros per megawatt-hour, except for NBP (euros/MWh & p/th).The oil-indexed price for Russian gas is an estimate by Thomson Reuters PointCarbon. * The oil-indexed prices mentioned above are in order: Russia spot-indexedgas/Russian oil-linked discounted gas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis; Editing by Michael Urquhart)

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