UK Markets closed

NORWAY GAS-Flows to Britain fall on import terminal outage

* Pipeline gas exports total 300 mcm/day

* Flows to SEGAL terminal down by 9 mcm/day

OSLO, Oct 29 (Reuters) - Norwegian natural gas exports to Britain fell on

Wednesday morning from the previous day, hit by an unplanned outage at the SEGAL

import terminal, data from gas system operator Gassco showed.

Import capacity at the Shell (LSE: RDSB.L - news) terminal in Scotland was expeced to be

reduced by 10.8 mcm/day on Wednesday because of turbine problems, Gassco said

earlier.

By around 0945 GMT, flows through the FLAGS pipeline to the terminal were

down by 9 mcm/day from Tuesday.

The following table shows Norwegian pipeline gas flows, measured in mcm per

day, compared with the previous session's average:

Destination Real time Pvs session Change

average (mc)

Britain 51 49 2

Germany & Netherlands 147 143 4

France 51 51 0

Belgium 42 42 0

Total 300 303 -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 Oct 28 Oct 27

NBP (UK) 22.7/52.6 21.8/50.4

TTF (Netherlands) 22.4 21.4

NCG (Germany) 22.6 21.9

Gaspool (Germany) 22.5 22.2

Zeebrugge (Belgium) 22.4 21.9

Peg Nord (France) 22.4 22.5

Peg Sud (France) 23.2 23.3

Oil-indexed prices* 28.63/30.17/33.52 28.63/30.17/33.52

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 William Hardy)