* Norwegian gas exports total 345 mcm/day * Deliveries to Britain rise 7 mcm/day OSLO, Feb 11 (Reuters) - Norway's natural gas exports toBritain rose on Wednesday from the previous day after an outageon the entry SEGAL pipeline system ended, data from the gassystem operator showed. Entry SEGAL is a point where pipelines from the Gjoe andStatfjord fields enter the FLAGS pipeline, which delivers gas tothe SEGAL (Shell Esso Gas and Associated Liquids) systemterminal at St Fergus. Planned maintenance at an offshore gas field was expected toreduce production capacity by 10.6 mcm/day on Wednesday, Gasscohas said earlier, but overall flows were not hit by that amount. Norwegian gas flows to Europe were running at a rate of 345mcm/day by 1100 GMT, 5 mcm short of the maximum productioncapacity on the Norwegian continental shelf of about 350 mcm/daythis winter. The following table shows Norwegian pipeline gas flows,measured in mcm/day, compared with the previous session'saverage: Destination Real time Pvs session Change average (mcm) Britain 113 106 7 Germany & Netherlands 134 132 2 France 55 55 0 Belgium 43 43 0 Total 345 336 9 NOTE: Pipeline gas export figures are based on gas fed into thesystem 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. Following is a summary of spot price settlements at Europeangas trading hubs: Gas hub Feb 10 Feb 9 NBP (UK) 23.1/50.2 22.5/49.0 TTF (Netherlands) 22.2 21.4 NCG (Germany) 22.9 22.9 Gaspool (Germany) 22.5 22.0 Zeebrugge (Belgium) 22.1 21.7 Peg Nord (France) 23.5 24.7 Peg Sud (France) 23.6 24.7 Oil-indexed prices* 27.04/28.52/31.69 27.04/28.52/31.69 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). The oil-indexed price for Russian gas isan estimate by Thomson Reuters Point Carbon. * The oil-indexed prices mentioned above are in order:Russia spot-indexed gas/Russian oil-linked discountedgas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis; editing by David Clarke)
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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