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Monday, August 25, 2025GAS (p/therm) THUFRIVAR D-1 VAR W-1AVG.MAXMIN 21/822/8FROM THE BEGINNING OF THIS YEARNBP SPOT82.70 83.751.058.6595.50145.3075.10NBP SEP2582.47 83.671.27.2297.00138.2976.45NBP OCT2582.44 83.681.247.1496.55134.3276.54NBP NOV2587.43 88.090.665.18101.04133.5282.91NBP DEC2591.05 91.780.735.32103.05135.0086.46NBP JAN2692.20 92.840.645.38103.36134.3987.46NBP FEB2692.15 92.720.575.34102.76132.9487.38NBP MAR2688.10 88.480.385.1498.90128.7583.34NBP APR2682.99 83.350.364.2290.06112.7178.38NBP MAY2679.76 80.120.364.2285.36106.2274.74NBP JUN2678.19 78.550.363.9283.26104.4471.89NBP JUL2677.73 78.090.364.0483.19104.0172.46NBP AUG2678.81 79.170.364.0483.89104.4273.26NBP Q4 2586.97 87.850.885.89100.20133.9981.96NBP Q1 2690.77 91.300.535.28101.64132.0086.02NBP Q2 2680.31 80.670.364.1286.22107.6475.00NBP Q3 2679.08 79.430.354.0383.93104.4073.04NBP WIN202588.85 89.560.715.59100.91133.0083.97NBP SUM202679.69 80.050.364.0885.07106.0074.01NBP WIN202687.01 87.320.313.3790.19104.6180.91The NBP spot price increased by 1.3% to 83.75 p/therm on Friday, driven bystronger demand and reduced Norwegian supply, with outages at the AastaHansteen and Dvalin fields cutting 12 mcm/day until 8 September. On theforward curve, the Winter 2025 delivery contract rose by 0.8% to 89.56 p/therm,as fading peace prospects and damage to a Ukrainian compressor stationfuelled concerns over winter demand and storage in Europe.