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Europe Top News and Analysis Norway

  • The arbitrage of Forties to South Korea appears to have resumed. Shipment of Forties to South Korea has been encouraged by a free trade agreement during 2012 and it tends to support prices in the North Sea market, as well as Brent swaps and timespreads.

  • *Gazprom Neft still interested in Kurdistan- sources. NOVO-OGARYOVO, Russia, Oct 10- President Vladimir Putin lobbied Iraq's prime minister on Wednesday to support Russian energy investment, as the oil arm of gas export monopoly Gazprom pushes for a foothold in the semi-autonomous region of Kurdistan.

  • OSLO, Oct 10- Norway's registered unemployment rate is expected to stay unchanged at 2.5 percent until the end of 2014, the public Labour and Welfare Administration said on Wednesday.

  • OSLO, Oct 10- Output from Royal Dutch Shell's. Nyhamna gas processing plant in Norway has been cut by 35 million cubic meters per day for an unknown duration due to a pump failure, gas system operator Gassco said on Wednesday.

  • *Nordic spot price for Wed seen at 36.4 euros/ MWh. Tuesday delivery was seen firming to 36.4 euros per megawatt-hour, compared with 33.5 euros on Monday. Combined windpower output in Denmark and Sweden was forecast to fall from around 3,000 MW on Tuesday to 1,600 MW on Wednesday, while colder weather was to boost consumption by 850 MW to 44,200 MW.

  • *UK gas demand 5 pct below seasonal norm. LONDON, Oct 9- British prompt gas prices rose on Tuesday morning as renewed problems with Norwegian exports reduced supplies to the UK. pence at 0845 GMT, and gas for delivery the next day rose by 1.4 pence to 63.70 pence per therm.

  • The National Broadcasting and Telecommunications Commission will hold the much-delayed auction on Oct. 16. Market leader Advanced Info Service, 21 percent owned by Singapore Telecommunications Ltd, will bid through wholly owned unit Advanced Wireless Network Co. Ltd..

  • *Flows drop to Germany, Belgium and Britain. Exports to Europe including Britain dropped by 8.7 million cubic metres to 271.3 mcm per day by 0600 GMT compared with the 280 mcm daily average on Monday. The 70 mcm capacity plant processes gas from the giant offshore Ormen Lange gas field before it is shipped to Britain and continental Europe.

  • HELSINKI, Oct 9- The following stocks may be affected by newspaper reports and other factors on Tuesday:. Citing one source, the paper said CEO Olof Faxander had appointed investment bank Greenhill as an advisor on a sale earlier this year, but the process was stopped after objections from the board.

  • *Forties sold at dated Brent plus 84 cents, up 29 cents. LONDON, Oct 9- North Sea Forties crude differentials pushed higher on Tuesday, supported by reports of stronger refinery demand and as BP entered the wet cargo market as a buyer.

  • SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- DBS GROUP HOLDINGS LTD. -Southeast Asia's largest bank DBS said on Monday this year it will be holding its board meeting in Taiwan for the first time, in a move aimed at underscoring the importance of the market to the bank.

  • OSLO, Oct 8- German sportswear company Puma. announced a range of biodegradable shoes and clothes on Monday, seeking to lead in protecting nature as it tries to catch up with rivals Nike and Adidas in sales.

  • NEW YORK-- British television productions received a leading seven International Emmy nominations Monday, including best actor and actress nods for Jason Isaacs in "Case Histories" and newcomer Joanna Vanderham in "The Runaway."

  • OSLO, Oct 8- Output from the Royal Dutch Shell- operated Nyhamna gas processing plant in Norway would be reduced on Tuesday, after it experience an unplanned outage on Monday, the gas system operator Gassco said. The plant, which processes gas from the giant offshore Ormen Lange gas field before it is shipped to Britain, was expected to restart by 2000 GMT on Monday.

  • OSLO, Oct 8- Norwegian oil and gas company DNO International don't yet know how big an oil payment it will receive from Iraqi authorities, a spokesman said on Monday. The Kurdistan Regional Government on Monday received a first installment of 650 billion Iraqi dinars from Baghdad to be distributed to foreign companies exporting oil.

  • LONDON, Oct 8- Britain is in danger of suffering a long-term loss of liquefied natural gas supply as top exporter Qatar sends only left-over short-term deliveries to the UK while more and more of its LNG goes to higher paying Asian customers. Analysts and British energy companies say the strategy rewards Qatar but puts Britain at a significant disadvantage.

  • OSLO, Oct 8- Norway's small Atla gas field in the North Sea has started producing gas two years after it was discovered, Norwegian oil firm Det Norske, a partner with 10 percent in the production license, said on Monday.

  • LONDON, Oct 8- Iraqi Kurdistan's leading oil producer, Genel Energy, said it would keep crude exports flowing after the Kurdistan Regional Government finally received an initial payment from Baghdad. "We won't cut exports now," Genel Energy President Mehmet Sepil told Reuters. "

  • *Austria, OMV say no talk of MOL exit from Nabucco. VIENNA, Oct 8- The partners in Azerbaijan's Shah Deniz II gas field are in talks to take a stake in the Nabucco consortium that is competing to build the first pipeline to deliver Azeri gas to Europe, Austria's economy and energy minister said on Monday.

  • OSLO, Oct 8- The Royal Dutch Shell- operated. Nyhamna gas processing plant in Norway was shut down on Monday at around 0900 GMT, the gas system operator Gassco said. Gas output at the plant, which processes gas from offshore Ormen Lange gas field before it is shipped to Britain, was down by 32 million cubic metres, it added.