* Norway gas exports at 323 mcm/day * Langeled flows to UK at 68 mcm/day OSLO, March 19 (Reuters) - Norwegian gas exports rose toBritain on Wednesday morning on higher deliveries through theLangeled pipeline after an outage ended at Nyhamna plant theprevious day, data from gas system operator Gassco showed. The plant, which processes gas from Royal Dutch Shell's Ormen Lange gas field and feeds it to the Langeledpipeline, saw its output cut by 38 million cubic metres (mcm)per day on Monday and by 15 mcm/day on Tuesday. On Wednesday morning, flows through the Langeled wererunning at 68 mcm/day, close to its full capacity, putting totaldeliveries to Britain at over 100 mcm/day. The following table shows Norwegian pipeline gas flowsmeasured in mcm/day compared with the previous day's closingamount: Destination Real time Pvs session Change (mcm) Britain 101 86 15 Germany & Netherlands 128 137 -9 France 49 44 5 Belgium 45 45 0 Total 323 312 11 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 March 18 March 17 NBP (UK) 23.2/57.0 23.5/57.6 TTF (Netherlands) 22.6 22.8 NCG (Germany) 22.9 23.1 Gaspool (Germany) 23.0 23.1 Zeebrugge (Belgium) 22.8 23.1 Peg Nord (France) 22.9 23.2 Peg Sud (France) 25.3 25.4 Oil-indexed prices* 29.46/30.97/34.41 29.46/30.97/34.41 NOTE: Prices are in euros per megawatt-hour, except for NBP(euros/MWh & p/th). The oil-indexed price for Russian gas is anestimate 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 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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