Page 74 - Demo

Tuesday, September 16, 2025GAS (p/therm) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 12/915/9FROM THE BEGINNING OF THIS YEARNBP SPOT79.00 78.00-1-3.1594.11145.3075.10NBP OCT2580.16 78.54-1.62-2.4895.07134.3276.54NBP NOV2584.86 83.64-1.22-2.599.60133.5282.72NBP DEC2588.26 87.24-1.02-2.31101.74135.0086.39NBP JAN2689.89 88.90-0.99-2.22102.15134.3987.46NBP FEB2690.03 88.97-1.06-2.31101.61132.9487.38NBP MAR2686.08 84.97-1.11-2.2397.74128.7583.34NBP APR2681.79 80.95-0.84-1.4689.29112.7178.38NBP MAY2678.92 78.12-0.8-1.4584.75106.2274.74NBP JUN2677.83 77.03-0.8-1.482.72104.4471.89NBP JUL2677.34 76.61-0.73-1.4482.63104.0172.46NBP AUG2678.57 77.83-0.74-1.4283.36104.4273.26NBP SEP2679.93 79.20-0.73-1.3684.27104.7973.41NBP Q4 2584.42 83.13-1.29-2.4398.80133.9981.96NBP Q1 2688.62 87.57-1.05-2.25100.46132.0086.02NBP Q2 2679.51 78.69-0.82-1.4485.58107.6475.00NBP Q3 2678.60 77.87-0.73-1.483.41104.4073.04NBP WIN202586.50 85.33-1.17-2.3499.62133.0083.97NBP SUM202679.05 78.28-0.77-1.4284.49106.0074.01NBP WIN202686.41 85.89-0.52-1.1489.82104.6180.91NBP SUM202772.53 72.01-0.52-0.8573.2281.8967.41NBP WIN202780.47 79.96-0.51-0.6680.1386.8675.08Ample supply pressured UK near-term gas prices on Monday, with the NBPspot price dropping by 1.3% to 78 p/therm, as the country scheduled to receiveits first LNG cargo of September 2025—the first delivery in two months. On theforward curve, the Winter 2025 delivery contract fell by 1.4% to 85.33 p/therm,as healthy supply and strong fundamentals outweighed concerns over potentialgeopolitical disruptions.