* Exports to Europe total 277 mcm/day * Flows to Britain rise by 5 mcm/day OSLO, July 13 (Reuters) - Norwegian pipeline gas exports toEurope rose slightly on Monday morning on higher deliveries toBritain and Germany, partly offset by a decrease in flows toBelgium. Total pipeline gas supplies to Europe were running at 277million cubic metres (mcm) per day by 0745 GMT, up 5 mcm/dayfrom volumes delivered last Friday, data from gas systemoperator Gassco showed. Norwegian gas production capacity has been reduced by 51mcm/day due to planned maintenance which is scheduled to lastuntil July 23. 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 56 51 5 Germany & Netherlands 141 135 6 France 44 44 0 Belgium 36 42 -6 Total 277 272 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 10 July 9 NBP (UK) 21.2/44.7 21.1/44.3 TTF (Netherlands) 20.9 21.1 NCG (Germany) 20.8 21.0 Gaspool (Germany) 20.7 21.0 Zeebrugge (Belgium) 21.0 20.9 Peg Nord (France) 21.2 21.0 Trading Region South 21.1 21.1 (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 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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