Page 34 - Demo

Tuesday, September 30, 2025GAS (p/therm) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 26/929/9FROM THE BEGINNING OF THIS YEARNBP SPOT80.60 79.90-0.70.3593.38145.3075.10NBP NOV2585.40 83.82-1.580.5998.81133.5282.72NBP DEC2588.04 86.63-1.410.31101.00135.0086.32NBP JAN2689.47 88.15-1.320.21101.47134.3987.46NBP FEB2689.42 88.25-1.170.36100.96132.9487.38NBP MAR2685.89 84.80-1.090.5397.09128.7583.34NBP APR2682.11 80.96-1.150.4688.88112.7178.38NBP MAY2679.61 78.56-1.050.3484.44106.2274.74NBP JUN2678.65 77.82-0.830.5482.47104.4471.89NBP JUL2678.06 77.06-10.2982.35104.0172.46NBP AUG2679.34 78.34-10.2483.11104.4273.26NBP SEP2680.75 79.75-10.2484.05104.7973.41NBP OCT2682.06 81.25-0.810.5886.01105.0977.53NBP Q1 2688.22 87.03-1.190.3799.80132.0086.02NBP Q2 2680.12 79.11-1.010.4585.26107.6475.00NBP Q3 2679.37 78.37-10.2683.16104.4073.04NBP Q4 2686.28 85.47-0.810.6388.77105.3479.86NBP SUM202679.74 78.74-10.3584.20106.0074.01NBP WIN202687.65 86.87-0.780.6589.67104.6180.91NBP SUM202773.22 72.67-0.550.3373.2081.8967.41NBP WIN202781.11 80.92-0.190.5680.1686.8675.08NBP SUM202867.95 67.76-0.190.6966.5271.7262.79The NBP spot price decreased by 0.9% to 79.90 p/therm on Monday, driven bythe return of full Norwegian flows after summer maintenance, milder weatherforecasts, and subdued demand across Europe and Asia. On the forwardcurve, the Winter 2025 delivery contract dipped by 1.6% to 85.17 p/therm amidample supply.