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Tuesday, March 10, 2026GAS (p/therm) FRIMONVAR D-1 VAR W-1AVG.MAXMIN 6/39/3FROM THE BEGINNING OF THIS YEARNBP SPOT133.25 140.006.752690.89140.0071.25NBP APR26137.42 143.536.1129.7481.77143.5364.52NBP MAY26134.17 141.507.3332.5579.49141.5063.61NBP JUN26127.30 135.077.7731.3877.27135.0762.69NBP JUL26121.31 129.958.6430.6575.70129.9562.36NBP AUG26120.01 128.988.9731.4875.60128.9862.76NBP SEP26121.09 129.428.3332.8276.58129.4264.03NBP OCT26119.32 127.678.3534.5275.88127.6763.64NBP NOV26121.02 129.378.3534.3479.26129.3767.58NBP DEC26123.67 131.728.0535.4681.26131.7269.62NBP JAN27121.23 130.409.1733.9482.65130.4071.31NBP FEB27118.83 128.469.6334.4682.12128.4671.23NBP MAR27109.05 118.769.7131.6577.25118.7667.33NBP Q2 26132.98 140.057.0731.2479.51140.0563.67NBP Q3 26120.80 129.458.6531.6475.96129.4563.04NBP Q4 26121.34 129.598.2534.7878.80129.5966.94NBP Q1 27116.29 125.799.533.3280.62125.7969.91NBP SUM2026126.86 134.727.8631.4477.72134.7263.35NBP WIN2026118.84 127.718.8734.0579.70127.7168.41NBP SUM202781.1789.658.4822.4362.6489.6557.74NBP WIN202779.8086.536.7316.468.5786.5365.81NBP SUM202856.2259.903.685.8754.5959.9052.62Geopolitical tensions continued to support the gas market, lifting the NBP spotcontract by 5% to 140 p/therm as Qatar’s LNG outage tightened globalbalances and maintenance at Nyhamna cut flows by 20 mcm/d. Along thecurve, the Summer 2026 delivery contract soared by 6.2% to 134.72 p/thermamid ongoing conflict in the Gulf and the effective closure of the Strait ofHormuz.