* Norway's pipeline gas exports total 271 mcm/day * Gas field maintenance to reduce output by 47 mcm/day OSLO, Sept 25 (Reuters) - Norway's pipeline natural gas exports to Europefell on Thursday from the previous day on lower deliveries to Britain as gasfield maintenance was expanded, data from the gas system operator showed. Flows through the Langeled pipeline, UK's main subsea gas import route, fellby 7 million cubic metres (mcm) per day to 25 mcm per day. Norwegian gas output will be reduced from Sept. 25 until Sept. 29 by 47 mcmper day, more than previously expected, Gassco said on Wednesdayevening. 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 48 56 -8 Germany & Netherlands 139 137 2 France 41 40 1 Belgium 43 43 0 Total 271 276 -5 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 24 Sept 23 NBP (UK) 21.6/49.4 21.3/48.8 TTF (Netherlands) 22.1 21.1 NCG (Germany) 22.2 21.4 Gaspool (Germany) 22.1 21.2 Zeebrugge (Belgium) 21.2 21.1 Peg Nord (France) 22.2 20.6 Peg Sud (France) 29.6 28.8 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 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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