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NORWAY GAS-Flows to Europe rise as Britain sees higher deliveries

* Exports to Europe total 319 mcm/day

* Flows to Britain rise by 5 mcm/day

OSLO, July 2 (Reuters) - Norwegian pipeline gas exports to

Europe rose on Thursday on higher deliveries to Britain, while

flows to continental Europe held steady, data from gas system

operator Gassco showed.

Pipeline gas supplies to Europe were running at 319 million

cubic metres per day (mcm/day) at around 1000 GMT, up 5 mcm from

volumes delivered on Wednesday.

Total (Swiss: FP.SW - news) flows rose to their highest levels since the beginning

of April this week after the Shell (LSE: RDSB.L - news) -operated Ormen Lange

field returned to full capacity after annual maintenance.

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The following table shows Norwegian gas pipeline flows

measured in mcm/day and changes from the previous session's

delivered volumes:

Destination Real time Pvs business Change

day (mcm)

Britain 88 83 5

Germany & Netherlands 146 148 -2

France 40 40 0

Belgium 45 43 2

Total 319 314 5

NOTE (Stockholm: NOTE.ST - news) : 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 day show delivered gas.

Following is a summary of spot price settlements at European

gas trading hubs:

Gas hub July 1 June 30

NBP (Shanghai: 601018.SS - news) (UK) 20.6/42.8 20.3/42.2

TTF (Netherlands) 20.8 20.8

NCG (Germany) 20.9 20.8

Gaspool (Germany) 20.9 20.8

Zeebrugge (Belgium) 20.6 20.3

Peg Nord (France) 20.9 20.7

Trading Region South 21.5 21.7

(France)

Oil-indexed prices* 20.87/26.56 21.59/27.26

NOTE: Prices are in euros per megawatt-hour (MWh), except for

NBP (euros/MWh & p/th).

* - The oil-indexed prices are in order: Point Carbon's best

estimate for Russian gas, including spot indexation and base

price discounts, and an estimate for Russian outright

oil-indexed gas.

(Reporting by Nerijus Adomaitis; Editing by Dale Hudson)