Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

NORWAY GAS-Flows to Britain rise slightly, slip to Germany

Wed, 11th Nov 2015 08:28

* Pipeline gas flows to Europe at 342 mcm/day OSLO, Nov 11 (Reuters) - Norwegian pipeline gas flows toEurope were broadly unchanged on Wednesday with a small rise toBritain offset by a drop to Germany, data from gas systemoperator Gassco showed. Gas flows to Europe were running at 342 million cubic metres(mcm) per day by around 0815 GMT compared with 344 mcm deliveredon Tuesday. Norway has total pipeline gas production capacity of about350 mcm per day. The following table shows Norwegian gas pipeline flows,measured in mcm/day, and changes from the previous session'sdelivered volumes: Destination Real time Pvs business Change day (mcm) Britain 105 102 3 Germany & Netherlands 143 146 -3 France 52 53 -1 Belgium 42 43 -1 Total 342 344 -2 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 Nov 10 Nov 9 NBP (UK) 16.45/34.20 16.53/34.45 TTF (Netherlands) 16.63 16.48 NCG (Germany) 17.08 16.77 Gaspool (Germany) 17.00 17.00 Zeebrugge (Belgium) 16.40 16.48 Peg Nord (France) 17.06 16.99 Trading Region South 17.25 17.69 (France) Oil-indexed prices* 20.70/25.18 20.70/25.18 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 Mark Potter)

Related Shares

More News
18 Jun 2024 08:20

Shell to buy Singaporean LNG firm Pavilion Energy from Temasek

(Sharecast News) - Shell said on Tuesday that it has agreed to buy Singaporean liquefied natural gas (LNG) firm Pavilion Energy from investment compan...

27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.