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NORWAY GAS-Flows to Europe broadly steady

Tue, 27th Oct 2015 10:27

OSLO, Oct 27 (Reuters) - Norwegian gas flows to Britain andcontinental Europe were broadly steady on Tuesday, data from gassystem operator Gassco showed. Gas flows to Europe were running at 301 million cubic metres(mcm) per day by around 0945 GMT, compared with 303 mcmdelivered on Monday. Norway's total production was reduced by a combined 18 mcmper day on Tuesday due to ongoing unplanned outages at Troll andKvitebjoern fields. Both outages were expected to end on Tuesday. Norway has a total pipeline gas production capacity ofaround 350 mcm of gas per day. 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 69 71 -2 Germany & Netherlands 135 136 -1 France 52 52 0 Belgium 45 45 1 Total 301 303 -2 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 Oct 26 Oct 23 NBP (UK) 18.34/38.72 18.54/39.08 TTF (Netherlands) 17.90 18.25 NCG (Germany) 18.00 18.40 Gaspool (Germany) 18.30 18.00 Zeebrugge (Belgium) 18.00 18.22 Peg Nord (France) 18.40 18.64 Trading Region South 18.71 18.85 (France) Oil-indexed prices* 20.80/25.39 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 Susan Fenton)

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