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Monday, September 1, 2025GAS (p/therm) THUFRIVAR D-1 VAR W-1AVG.MAXMIN 28/829/8FROM THE BEGINNING OF THIS YEARNBP SPOT78.00 77.90-0.1-5.8595.06145.3075.10NBP OCT2577.95 77.83-0.12-5.8596.08134.3276.54NBP NOV2582.78 82.72-0.06-5.37100.58133.5282.72NBP DEC2586.55 86.39-0.16-5.39102.63135.0086.39NBP JAN2687.78 87.820.04-5.02102.97134.3987.46NBP FEB2687.71 87.980.27-4.74102.38132.9487.38NBP MAR2683.70 83.62-0.08-4.8698.52128.7583.34NBP APR2679.35 79.750.4-3.689.79112.7178.38NBP MAY2676.56 76.790.23-3.3385.15106.2274.74NBP JUN2675.06 75.250.19-3.383.07104.4471.89NBP JUL2674.69 75.010.32-3.0882.99104.0172.46NBP AUG2675.70 76.010.31-3.1683.69104.4273.26NBP SEP2677.13 77.440.31-3.6584.58104.7973.41NBP Q4 2582.42 82.31-0.11-5.5499.76133.9981.96NBP Q1 2686.35 86.420.07-4.88101.25132.0086.02NBP Q2 2676.98 77.260.28-3.4185.99107.6475.00NBP Q3 2675.83 76.140.31-3.2983.74104.4073.04NBP WIN202584.37 84.34-0.03-5.22100.50133.0083.97NBP SUM202676.40 76.700.3-3.3584.86106.0074.01NBP WIN202684.07 84.430.36-2.8990.05104.6180.91The British spot gas price slipped by 0.1% to 77.90 p/therm, driven by recentabundant LNG supplies, although supply concerns from cooler weather andNorwegian outages lingered ahead of September.On the forward curve, the Winter 2025 delivery contract remained largelyunchanged at 84.34 p/therm, as anticipated LNG expansions from Russia’sArctic LNG 2 were balanced by ongoing storage needs and possible extendedNorwegian outages.