* Norway's pipeline gas exports total 176 mcm/day * Flows to Belgium shut due to one-day maintenance OSLO, Sept 16 (Reuters) - Norway's pipeline gas exports to Britain fellsharply on Tuesday as flows via the FLAGS pipeline dropped to zero, anddeliveries to Belgium stopped due to a planned maintenance, data from gas systemoperator Gassco showed. Deliveries via FLAGS pipeline were down due to an overnight outage atShell's receiving terminal at St Fergus, analysts at Thomson ReutersPoint Carbon said. Flows to Belgium dropped to zero from 39 million cubic metres (mcm) per dayon Monday. They were expected to return to normal on Wednesday morning. The following table shows Norwegian pipeline gas flows, measured in millioncubic metres/day, compared with the previous session's average: Destination Real time Pvs session Change average (mcm) Britain 21 40 -19 Germany & Netherlands 128 114 14 France 27 27 0 Belgium 0 39 -39 Total 176 220 -44 NOTE: Pipeline gas export figures are based on gas fed into the system at acertain time and calculated as a daily average. Levels can vary throughout theday as producers adjust the amount of gas they export, according to changingnominations, or orders, from customers. Following is a summary of spot price settlements at European gas tradinghubs: Gas hub Sept 15 Sept 12 NBP (UK) 20.9/48.8 19.3/45.0 TTF (Netherlands) 20.8 19.0 NCG (Germany) 21.2 19.2 Gaspool (Germany) 21.0 19.5 Zeebrugge (Belgium) 21.0 19.4 Peg Nord (France) 22.4 19.9 Peg Sud (France) 26.3 27.3 Oil-indexed prices* 28.31/30.29/33.66 28.31/30.29/33.66 NOTE: Prices are in euros per megawatt-hour, except for NBP (euros/MWh & p/th).The oil-indexed price for Russian gas is an estimate by Thomson Reuters PointCarbon. * The oil-indexed prices mentioned above are in order: Russia spot-indexedgas/Russian oil-linked discounted gas/Russian outright oil-indexed gas. (Reporting by Nerijus Adomaitis, editing by William Hardy)
27 Oct 2022 07:30
Shell announces $4bn share buyback as Q3 profits beat expectations
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.