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NORWAY GAS-Flows to Britain rise slightly

Fri, 06th Nov 2015 10:18

* Pipeline gas flows to Europe at 327 mcm/day * Outage at Aasgard field extended until Saturday OSLO, Nov 6 (Reuters) - Norwegian gas flows to Britain roseslightly on Friday, while those to continental Europe werebroadly unchanged, data from gas system operator Gassco showed. Gas flows to Europe were running at 327 million cubic metres(mcm) per day by 0945 GMT, up 4 mcm from volumes delivered onThursday. Production capacity was down by 10.5 mcm per day on Friday because of an outage at the Aaasgard field, which was expectedto continue on Saturday, Gassco said in an update. Two outages at the Kvitebjoern and Valemon fields were alsoexpected to reduce output on Saturday by a combined 13 mcm, itadded. Norway has total gas pipeline capacity of about 350 mcm perday. The following table shows Norwegian gas pipeline flows,measured in mcm/day, and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 94 90 4 Germany & Netherlands 141 140 1 France 47 49 -2 Belgium 45 44 1 Total 327 323 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 Nov 5 Nov 4 NBP (UK) 16.74/35.10 17.78/36.80 TTF (Netherlands) 17.08 17.40 NCG (Germany) 17.30 17.65 Gaspool (Germany) 18.00 17.52 Zeebrugge (Belgium) 17.05 17.60 Peg Nord (France) 17.29 17.17 Trading Region South 18.13 17.56 (France) Oil-indexed prices* 20.70/25.18 20.80/25.39 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 David Goodman)

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