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NORWAY GAS-Flows to Britain slip

Tue, 08th Dec 2015 12:33

OSLO, Dec 8 (Reuters) - Norwegian gas exports to Europe weresteady on Tuesday as a small decrease in flows to Britain wasoffset by higher deliveries to the Continent, data from gassystem operator Gassco showed. Gas flows to Europe were running at 340 million cubic metres(mcm) per day by around 1150 GMT compared with 341 mcm deliveredthe previous day. Norway's gas production capacity was cut by 5 mcm per daydue to an unexpected outage at Visund field, and the outage wasexpected to last for 1-3 days, Gassco said on Tuesday. 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 94 -4 Germany & Netherlands 149 147 2 France 53 52 1 Belgium 44 44 0 Total 340 341 -1 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 Dec 7 Dec 4 NBP (UK) 17.44/36.80 17.95/37.90 TTF (Netherlands) 16.78 17.15 NCG (Germany) 17.00 17.10 Gaspool (Germany) 17.20 17.00 Zeebrugge (Belgium) 16.73 17.20 Peg Nord (France) 16.92 17.42 Trading Region South 18.28 18.40 (France) Oil-indexed prices* 20.79/24.89 20.79/24.89 NOTE: Prices are in euros per megawatt-hour (MWh), except forNBP (euros/MWh & p/th). * - The oil-indexed prices are in order of Point Carbon'sbest estimate for Russian gas, including spot indexation andbase price discounts, and an estimate for Russian outrightoil-indexed gas. (Reporting by Nerijus Adomaitis; editing by Jason Neely)

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