NORWAY GAS-Flows to Belgium, Britain rise

* Norway's pipeline gas exports total 224 mcm/day

* Flows to Belgium rebound after maintenance

OSLO, Sept 17 (Reuters) - Norway's pipeline gas exports rose on Wednesday

from the previous day, mainly due to flows restarting to Belgium after a one-day

maintenance, partly offset by a drop in deliveries to Germany.

Deliveries to Britain also rose on higher flows via the FLAGS pipeline,

which was shut most of Tuesday due to an outage at Shell (LSE: RDSB.L - news) 's receiving

terminal at St Fergus.

The following table shows Norwegian pipeline gas flows, measured in million

cubic metres/day, compared with the previous session's average:

Destination Real time Pvs session Change

average (mcm)

Britain 41 36 5

Germany & Netherlands 116 131 -15

France 33 28 5

Belgium 34 10 24

Total 224 205 19

NOTE: Pipeline gas export figures are based on gas fed into the system at a

certain time and calculated as a daily average. Levels can vary throughout the

day as producers adjust the amount of gas they export, according to changing

nominations, or orders, from customers.

Following is a summary of spot price settlements at European gas trading

hubs:

Gas hub Sept 16 Sept 15

NBP (UK) 21.4/50.0 20.9/48.8

TTF (Netherlands) 21.4 20.8

NCG (Germany) 21.8 21.2

Gaspool (Germany) 21.5 21.0

Zeebrugge (Belgium) 21.5 21.0

Peg Nord (France) 22.3 22.4

Peg Sud (France) 26.6 26.3

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 Point

Carbon.

* The oil-indexed prices mentioned above are in order: Russia spot-indexed

gas/Russian oil-linked discounted gas/Russian outright oil-indexed gas.

(Reporting by Nerijus Adomaitis; Editing by Michael Urquhart)