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NORWAY GAS-Flows to Europe hold steady

Fri, 10th Jul 2015 09:20

* Exports to Europe total 275 mcm/day * Flows to Britain slip by 3 mcm/day OSLO, July 10 (Reuters) - Norwegian pipeline gas exports toEurope held steady on Friday as lower deliveries to Britain andBelgium offset a small increase in flows to Germany. Total pipeline gas supplies to Europe were running at 275million cubic metres (mcm) per day by 0900 GMT, broadlyunchanged from volumes delivered on Thursday, data from gassystem operator Gassco showed. Norwegian gas production capacity has been reduced by 51mcm/day due to planned maintenance lasting until July 23. The following table shows Norwegian gas pipeline flowsmeasured in mcm/day and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 53 56 -3 Germany & Netherlands 136 132 4 France 44 44 0 Belgium 42 44 -2 Total 275 276 -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 July 9 July 8 NBP (UK) 21.1/44.3 20.8/43.8 TTF (Netherlands) 21.1 20.6 NCG (Germany) 21.0 20.9 Gaspool (Germany) 21.0 20.8 Zeebrugge (Belgium) 20.9 20.6 Peg Nord (France) 21.0 20.9 Trading Region South 21.1 21.2 (France) Oil-indexed prices* 20.87/26.56 20.87/26.56 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 Dale Hudson)

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