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NORWAY GAS-Flows to Britain slip

Thu, 05th Nov 2015 10:40

* Pipeline gas flows to Europe at 318 mcm/day * Outage at Aasgard field extended until Friday OSLO, Nov 5 (Reuters) - Norwegian gas flows to Britain andGermany slipped on Thursday, while rising slightly to France,data from gas system operator Gassco showed. Gas flows to Europe were running at 318 million cubic metres(mcm) per day by 1015 GMT, down 6 mcm from the volumes deliveredon Wednesday. Production capacity was down by 10.5 mcm per day on Thursdaydue to an ongoing outage at the Aaasgard field, which was alsoexpected to continue on Friday, Gassco said in an update. 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 84 90 -6 Germany & Netherlands 140 143 -3 France 50 47 3 Belgium 44 44 0 Total 318 324 -6 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 4 Nov 3 NBP (UK) 17.78/36.80 17.65/36.80 TTF (Netherlands) 17.40 17.50 NCG (Germany) 17.65 17.75 Gaspool (Germany) 17.52 17.90 Zeebrugge (Belgium) 17.60 17.34 Peg Nord (France) 17.17 17.82 Trading Region South 17.56 18.36 (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 Mark Potter)

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