NORWAY GAS-Flows to Britain, Belgium rise after Oseberg outage ends

* Norwegian gas exports total 347 mcm/day

* Flows to Britain rise by 13 mcm/day

OSLO, March 4 (Reuters) - Norwegian exports of natural gas

to Britain and Belgium rose on Wednesday from the previous day's

average after an outage at the Oseberg field ended, data from

gas system operator Gassco showed.

Pipeline flows from Norway to Europe were running at 347

million cubic metres (mcm) per day, off this winter's daily

maximum of 357 mcm hit on Feb. 12.

On Tuesday, output from the Oseberg field had been cut by 14

mcm/day due to an unplanned outage.

On Wednesday, exports from the Sleipner field continued to

be reduced by around 5 mcm/day due to an ongoing outage.

The following table shows Norwegian pipeline gas flows,

measured in mcm/day, compared with the previous session's

average:

Destination Real time Pvs business Change

day (mcm)

Britain 104 91 13

Germany & Netherlands 144 144 0

France 55 55 0

Belgium 43 38 5

Total (Swiss: FP.SW - news) 346 328 18

NOTE: Real-time 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.

Volumes for the previous business show delivered gas.

Following is a summary of spot price settlements at European

gas trading hubs:

Gas hub March 3 March 2

NBP (Shanghai: 601018.SS - news) (UK) 22.5/48.0 23.1/49.3

TTF (Netherlands) 22.2 23.3

NCG (Germany) 22.4 23.2

Gaspool (Germany) 22.4 22.8

Zeebrugge (Belgium) 21.8 22.4

Peg Nord (France) 22.7 23.6

Peg Sud (France) 23.0 25.1

Oil-indexed prices* 24.42/30.44 24.42/30.44

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 for March are in

order: Point Carbon's best estimate for Russian gas, including

spot indexation and base price discounts, and for Russian

outright oil-indexed gas.

(Reporting by Nerijus Adomaitis; editing by Jason Neely)