NORWAY GAS-Flows rise to Britain
* Norwegian pipeline gas exports at 320 mcm/d
* Langeled flows to Britain rise to 70 mcm/day
OSLO, Nov 24 (Reuters) - Norway was pumping more natural gas
to Britain on Monday morning compared with last Friday as an
outage affecting BP's Skarv field proved to have less
impact than expected.
Flows through the Langeled pipeline, Britain's main subsea
gas import route, were running at 70 million cubic metres (mcm)
per day by around 0700 GMT, close to its full capacity of 72
mcm/day.
The Skarv outage is expected to reduce gas production
capacity by 5.9 mcm/day until Nov. 25, down from an estimate of
10.9 mcm/day on Friday, Gassco said on its website on Monday.
The following table shows Norwegian pipeline gas flows,
measured in mcm/day, compared with the previous session's
average:
Destination Real time Pvs session Change
average (mcm)
Britain 100 94 6
Germany & Netherlands 130 133 -3
France 49 49 0
Belgium 41 41 0
Total 320 317 3
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 Nov 21 Nov 20
NBP (UK) 24.2/56.1 23.9/55.9
TTF (Netherlands) 23.2 23.4
NCG (Germany) 23.2 23.5
Gaspool (Germany) 23.2 23.5
Zeebrugge (Belgium) 23.3 23.2
Peg Nord (France) 23.1 23.4
Peg Sud (France) 23.1 23.4
Oil-indexed prices* 28.65/30.14/33.49 28.65/30.14/33.49
NOTE: Prices are in euros per megawatt-hour (MWh), 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 Jason Neely)