NORWAY GAS-Flows to Germany slip, British supplies steady
* Flows to Europe ease to 252 mcm/day
* Langeled flows to UK at 22 mcm/day
OSLO, April 11 (Reuters) - Norwegian gas exports to Germany
eased on Friday, data from gas system operator Gassco showed, as
concerns that Russia might cut flows via Ukraine had yet to
materialise.
Russian flows to Continental Europe remained stable after
Moscow warned on Thursday that Gazprom (MCX: GAZP.ME - news) could cut gas
deliveries to Ukraine due to unpaid bills, drawing a U.S.
accusation that the Kremlin (Berlin: KMLK.BE - news) is using energy "as a tool of
coercion".
Meanwhile, gas flows to Britain stayed steady from
Thursday's average as a drop in supplies through the Langeled
pipeline was offset by higher deliveries through the FLAGS
pipeline and a restart of the Vesterled conduit.
The following table shows Norwegian pipeline gas flows
measured in million cubic metres per day compared with the
previous day's closing level:
Destination Real time Pvs session Change(m
cm)
Britain 40 40 0
Germany & Netherlands 127 134 -7
France 45 45 0
Belgium 40 40 0
Total (NYSE: TOT - news) 252 259 -7
NOTE (Stockholm: NOTE.ST - news) : 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 April 10 April 9
NBP (UK) 21.3/51.6 21.4/51.6
TTF (Netherlands) 21.3 20.9
NCG (Shenzhen: 300336.SZ - news) (Germany) 21.2 21.5
Gaspool (Germany) 21.5 21.5
Zeebrugge (Belgium) 21.1 21.4
Peg Nord (France) 21.3 21.4
Peg Sud (France) 24.1 24.7
Oil-indexed prices* 29.24/30.97/34.41 29.46/30.97/34.41
NOTE: Prices are in euros per megawatt-hour, 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 Dale Hudson)