* Exports to Europe total 315 mcm/day * Flows to Britain fall by 5 mcm/day * Maintenance to cut capacity in July OSLO, July 3 (Reuters) - Norwegian pipeline gas exports toEurope fell on Friday on lower deliveries to Britain, whileflows to continental Europe held steady, data from gas systemoperator Gassco showed. Pipeline gas supplies to Europe were running at 315 millioncubic metres per day (mcm/day) at around 1000 GMT, down 5 mcmfrom volumes delivered on Thursday. Norway's gas production capacity is expected to be reduceddue to a planned field maintenance by 51 mcm/day from July 4until July 23. While Gassco did not disclose the name of the field,analysts at Thomson Reuters Point Carbon said the impact volumeindicated the maintenance would take place at the country'sbiggest gas field, Troll. The following table shows Norwegian gas pipeline flowsmeasured in mcm/day and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 84 89 -5 Germany & Netherlands 145 145 0 France 41 41 0 Belgium 45 45 0 Total 315 320 -5 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 July 2 July 1 NBP (UK) 20.6/43.0 20.6/42.8 TTF (Netherlands) 20.9 20.8 NCG (Germany) 21.1 20.9 Gaspool (Germany) 21.1 20.9 Zeebrugge (Belgium) 21.1 20.6 Peg Nord (France) 20.7 20.9 Trading Region South 21.6 21.5 (France) Oil-indexed prices* 20.87/26.56 20.87/26.56 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 Mark Potter)
Shell announces $4bn share buyback as Q3 profits beat expectations
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