Page 122 - Demo

Friday, August 29, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 27/828/8FROM THE BEGINNING OF THIS YEARNBP SPOT81.20 78.00-3.2-4.795.27145.3075.10NBP SEP2580.43 77.80-2.63-4.6796.63138.2976.45NBP OCT2580.39 77.95-2.44-4.4996.19134.3276.54NBP NOV2584.94 82.78-2.16-4.65100.68133.5282.78NBP DEC2588.49 86.55-1.94-4.5102.73135.0086.46NBP JAN2689.62 87.78-1.84-4.42103.06134.3987.46NBP FEB2689.52 87.71-1.81-4.44102.47132.9487.38NBP MAR2685.51 83.70-1.81-4.498.61128.7583.34NBP APR2680.68 79.35-1.33-3.6489.85112.7178.38NBP MAY2677.70 76.56-1.14-3.285.20106.2274.74NBP JUN2676.19 75.06-1.13-3.1383.11104.4471.89NBP JUL2675.85 74.69-1.16-3.0483.04104.0172.46NBP AUG2676.87 75.70-1.17-3.1183.74104.4273.26NBP Q4 2584.60 82.42-2.18-4.5599.86133.9981.96NBP Q1 2688.17 86.35-1.82-4.42101.34132.0086.02NBP Q2 2678.18 76.99-1.19-3.3286.05107.6475.00NBP Q3 2677.15 75.83-1.32-3.2583.79104.4073.04NBP WIN202586.37 84.37-2-4.48100.59133.0083.97NBP SUM202677.66 76.40-1.26-3.2984.91106.0074.01NBP WIN202685.19 84.07-1.12-2.9490.09104.6180.91British spot gas price dipped by nearly 4% to 78 p/therm, after a shipment fromRussia’s Arctic LNG 2 project reached China’s Beihei terminal, fuellingspeculation of softer US sanctions. Further pressure came from expectationsthat Europe’s LNG imports will rise 20% next week to above 2.6 bcm. On theforward curve, the Winter 2025 delivery contract dropped by 2.3% to 84.37p/therm, as muted Asian demand, especially from China, keeps redirectingLNG cargoes toward Europe, alleviating winter supply risks.