Page 2 - Demo

Friday, December 5, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 3/124/12FROM THE BEGINNING OF THIS YEARNBP SPOT72.50 68.10-4.4-6.890.16145.3063.10NBP JAN2673.34 70.03-3.31-6.4497.68134.3970.03NBP FEB2673.16 69.92-3.24-6.1697.28132.9469.92NBP MAR2670.08 67.42-2.66-5.3693.54128.7567.42NBP APR2667.75 65.38-2.37-4.5186.30112.7165.38NBP MAY2666.80 64.64-2.16-3.782.33106.2264.64NBP JUN2666.00 63.99-2.01-3.5980.62104.4463.99NBP JUL2665.60 63.44-2.16-3.9380.47104.0163.44NBP AUG2666.53 64.42-2.11-3.8981.29104.4264.42NBP SEP2667.76 65.59-2.17-4.0182.27104.7965.59NBP OCT2668.21 66.20-2.01-4.1384.02105.0966.20NBP NOV2672.81 70.80-2.01-4.187.63105.1970.80NBP DEC2674.75 71.70-3.05-5.389.47105.8071.70NBP Q1 2672.16 69.10-3.06-5.9896.13132.0069.10NBP Q2 2666.85 64.67-2.18-3.9383.07107.6464.67NBP Q3 2666.62 64.47-2.15-3.9481.33104.4064.47NBP Q4 2671.91 69.55-2.36-4.5287.03105.3469.55NBP SUM202666.73 64.57-2.16-3.9482.20106.0064.57NBP WIN202673.27 70.97-2.3-4.5388.03104.6170.97NBP SUM202762.38 60.98-1.4-2.9472.3081.8960.98NBP WIN202771.25 69.79-1.46-2.4779.5786.8669.79NBP SUM202859.07 58.20-0.87-1.665.9971.7258.20The British spot gas price dipped by 6% to 68.10 p/therm on Thursday, weighedby strong LNG flows, milder weather, and restored Norwegian supply followingTroll (8 mcm/day) and Visund (14 mcm/day) outages. On the forward curve, theSummer 2026 delivery contract decreased by 3.2%, settling at 64.57 p/therm,as weak Asian LNG demand kept European supplies ample, with Asia’sbenchmark LNG price falling to a 3.5-month low.