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NORWAY GAS-Flows to Germany, France rise

Reuters - UK Focus

* Exports to Europe total 310 mcm/day

* Flows to Britain ease by 2 mcm/day

OSLO, July 1 (Reuters) - Norwegian pipeline gas exports to

Europe rose on Wednesday as Ormen Lange, the country's

second-biggest field, returned to full capacity, data from gas

system operator Gassco showed.

Pipeline gas supplies to Europe were running at 310 million

cubic metres per day (mcm/day) at around 0800 GMT, up 8 mcm from

volumes delivered on Tuesday, when they hit their highest levels

since the beginning of April.

The Shell-operated Ormen Lange field returned to

full capacity of around 65 mcm/day after annual maintenance.

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A small outage at Nyhamna gas plant, which processes gas

from Ormen Lange, also ended.

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 79 81 -2

Germany & Netherlands 148 144 4

France 40 36 4

Belgium 43 41 2

Total (Swiss: FP.SW - news) 310 302 8

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 June 30 June 29

NBP (UK) 20.3/42.2 19.9/41.7

TTF (Netherlands) 20.8 20.4

NCG (Germany) 20.8 20.6

Gaspool (Germany) 20.8 20.8

Zeebrugge (Belgium) 20.3 19.7

Peg Nord (France) 20.7 20.9

Trading Region South 21.7 21.6

(France)

Oil-indexed prices* 21.59/27.26 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 Jason Neely)