* Norway's pipeline gas exports total 254 mcm/day * Gas production is expected to rise from Oct. 1 OSLO, Sept 19 (Reuters) - Norway's pipeline gas exports to France andBritain eased on Friday, partly offset by a slight increase to Germany andBelgium, data from gas system operator Gassco showed. Norwegian gas output is expected to increase, including at the biggest gasfield Troll, from the start of a new gas year on Oct. 1, analysts at ThomsonReuters Point Carbon said. They expect flows through the Langeled pipeline, Britain's main subsea gasimport route, to rise to around 50 million cubic metres (mcm) per day fromOctober compared to around 30 mcm on Friday. 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 54 61 -7 Germany & Netherlands 132 129 3 France 23 30 -7 Belgium 45 42 3 Total 254 262 -8 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 18 Sept 17 NBP (UK) 21.3/49.2 21.3/49.2 TTF (Netherlands) 21.4 20.6 NCG (Germany) 21.8 22.0 Gaspool (Germany) 21.5 21.0 Zeebrugge (Belgium) 21.3 21.2 Peg Nord (France) 22.1 22.5 Peg Sud (France) 28.4 25.8 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 William Hardy)
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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