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NORWAY GAS-Flows to Germany surge
March 16 (Reuters) - Norwegian gas exports to Europe on
Wednesday surged on increased deliveries to Germany, data from
gas system operator Gassco showed.
Gas flows to Europe were running at 349 million cubic metres
per day (mcm/day) by 0902 GMT, up 10 mcm, or 2.9 percent, from
volumes delivered on Tuesday.
Flows to Germany rose by 9 mcm per day.
Norwegian gas flows will be affected by an unplanned outage
at Kristin gas field, which is expected to last 6 to 12 hours
and reduce Norway's gas production capacity by 8.9 mcm on
Wednesday, Gassco said.
The following table shows Norwegian gas pipeline flows,
measured in mcm/day and the change from the previous session's
delivered volumes:
Destination Real time Pvs business Change
day (mcm)
Britain 112 112 0
Germany & Netherlands 138 129 9
France 54 54 0
Belgium 45 44 1
Total (Swiss: FP.SW - news) 349 339 10
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 March 15 March 14
NBP (UK) 13.11/30.15 12.96/29.50
TTF (Netherlands) 12.25 12.33
NCG (Germany) 12.50 12.65
Gaspool (Germany) 13.00 13.00
Zeebrugge (Belgium) 12.21 12.39
Peg Nord (France) 12.72 12.73
Trading Region South (France) 13.18 13.00
Oil-indexed prices* 16.78/21.71 16.78/21.71
NOTE: Prices are in euros per megawatt-hour (MWh), except
for NBP (euros/MWh & p/th).
* - The oil-indexed prices are in order of Thomson Reuters (Dusseldorf: TOC.DU - news) '
best estimate for Russian gas, including spot indexation and
base price discounts, and an estimate for Russian outright
oil-indexed gas.
(Reporting by Swati Verma in Bengaluru; editing by David
