* Exports to Europe total 278 mcm/day * Flows to Britain, broadly steady OSLO, July 8 (Reuters) - Norwegian pipeline gas exports toGermany and France were slightly higher on Wednesday while flowsto Belgium and Britain fell, data from gas system operatorGassco showed. Total pipeline gas supplies to Europe were running at 278million cubic metres (mcm) per day by 0740 GMT, up 4 mcm fromvolumes delivered on Tuesday. Norway's gas production capacity is expected to be reducedby 51 mcm/day until July 23 due to planned maintenance. 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 53 55 -2 Germany & Netherlands 148 142 6 France 44 41 3 Belgium 33 36 -3 Total 278 274 4 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 7 July 6 NBP (UK) 20.8/43.5 21.0/43.7 TTF (Netherlands) 20.8 21.1 NCG (Germany) 20.9 21.0 Gaspool (Germany) 20.8 20.9 Zeebrugge (Belgium) 20.7 21.1 Peg Nord (France) 20.9 21.1 Trading Region South 21.0 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 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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