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NORWAY GAS-Flows to Britain, continental Europe broadly unchanged

Tue, 03rd Nov 2015 09:47

* Pipeline gas flows to Europe at 331 mcm/day * Unplanned outage cuts output from Aasgard field * Flows to St Fergus terminal down due to maintenance OSLO, Nov 3 (Reuters) - Norwegian gas flows to Britain andcontinental Europe were broadly steady on Tuesday morningdespite several outages, data from gas system operator Gasscoshowed. Gas flows to Europe were running at 331 million cubic metres(mcm) per day by 0845 GMT, up 3 mcm from volumes delivered onMonday. An unexpected outage because of compressor failure cutoutput from the Aasgard field by 11.6 mcm/day early on Tuesdayand was expected to last for 24 hours. In addition, planned one-day maintenance reduced exportcapacity to Britain's St Fergus terminal by 19 mcm/day, withreal-time flows falling by 6 mcm/day on Tuesday morning. The reduction was partly offset by higher deliveries toBritain via the Langeled and FLAGS pipelines. Norway has total gas pipeline capacity of about 350 mcm perday. The following table shows Norwegian gas pipeline flows,measured in mcm/day and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 87 88 -1 Germany & Netherlands 146 145 1 France 54 52 2 Belgium 44 43 1 Total 331 328 3 NOTE: Real-time gas export figures are based on gas fed intothe system 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. Volumes for the previous business day show delivered gas. Following is a summary of spot price settlements at Europeangas trading hubs: Gas hub Nov 2 Oct 30 NBP (UK) 17.74/37.15 17.72/37.05 TTF (Netherlands) 17.70 17.83 NCG (Germany) 18.33 17.92 Gaspool (Germany) 18.00 18.00 Zeebrugge (Belgium) 17.50 17.60 Peg Nord (France) 18.53 17.63 Trading Region South 18.01 17.70 (France) Oil-indexed prices* 20.70/25.18 20.80/25.39 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). * - The oil-indexed prices are in order: Point Carbon's bestestimate for Russian gas, including spot indexation and baseprice discounts, and an estimate for Russian outrightoil-indexed gas. (Reporting by Nerijus Adomaitis; Editing by David Goodman)

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