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NORWAY GAS-Flows to Germany, France rise

Wed, 01st Jul 2015 08:27

* Exports to Europe total 310 mcm/day * Flows to Britain ease by 2 mcm/day OSLO, July 1 (Reuters) - Norwegian pipeline gas exports toEurope rose on Wednesday as Ormen Lange, the country'ssecond-biggest field, returned to full capacity, data from gassystem operator Gassco showed. Pipeline gas supplies to Europe were running at 310 millioncubic metres per day (mcm/day) at around 0800 GMT, up 8 mcm fromvolumes delivered on Tuesday, when they hit their highest levelssince the beginning of April. The Shell-operated Ormen Lange field returned tofull capacity of around 65 mcm/day after annual maintenance. A small outage at Nyhamna gas plant, which processes gasfrom Ormen Lange, also ended. The following table shows Norwegian gas pipeline flowsmeasured in mcm/day and changes from the previous session'sdelivered 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 310 302 8 NOTE: Real-time gas export figures are based on gas fed intothe system at a certain time and calculated as a daily average. Levels can vary throughout the day as producers adjust theamount of gas they export, according to changing nominations, ororders, from customers. Volumes for the previous business day show delivered gas. Following is a summary of spot price settlements at Europeangas 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 forNBP (euros/MWh & p/th). * - The oil-indexed prices are in order: Point Carbon's bestestimate for Russian gas, including spot indexation and baseprice discounts, and an estimate for Russian outrightoil-indexed gas. (Reporting by Nerijus Adomaitis; editing by Jason Neely)

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