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Friday, September 12, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 10/911/9FROM THE BEGINNING OF THIS YEARNBP SPOT80.30 78.55-1.75-1.194.36145.3075.10NBP OCT2581.09 79.22-1.870.195.24134.3276.54NBP NOV2585.83 83.96-1.87-0.5799.77133.5282.72NBP DEC2589.14 87.40-1.74-0.64101.90135.0086.39NBP JAN2690.76 89.08-1.68-0.52102.30134.3987.46NBP FEB2690.91 89.23-1.68-0.46101.75132.9487.38NBP MAR2686.97 85.29-1.68-0.3697.87128.7583.34NBP APR2682.32 80.98-1.34-0.7989.38112.7178.38NBP MAY2679.39 78.10-1.29-0.6284.82106.2274.74NBP JUN2678.25 77.01-1.24-0.5682.78104.4471.89NBP JUL2677.78 76.52-1.26-0.7182.69104.0172.46NBP AUG2678.98 77.75-1.23-0.6983.42104.4273.26NBP SEP2680.32 79.10-1.22-0.6484.32104.7973.41NBP Q4 2585.35 83.52-1.83-0.3798.96133.9981.96NBP Q1 2689.50 87.82-1.68-0.45100.60132.0086.02NBP Q2 2679.98 78.69-1.29-0.6685.65107.6475.00NBP Q3 2679.01 77.78-1.23-0.6883.47104.4073.04NBP WIN202587.40 85.65-1.75-0.4199.77133.0083.97NBP SUM202679.49 78.23-1.26-0.6784.55106.0074.01NBP WIN202686.86 85.72-1.14-0.6889.86104.6180.91NBP SUM202772.76 71.80-0.96-0.8373.2481.8967.41NBP WIN202780.94 80.25-0.69-0.1680.1386.8675.08The NBP spot price decreased by 2.2% to 78.55 p/therm on Thursday,pressured by ample supply and easing geopolitical concerns. On the forwardcurve, the Winter 2025 delivery contract dropped by 2% to 85.65 p/therm, whileTurkey signed eight agreements to secure 15 bcm for 2026–2028, helping theEU diversify supplies amid its ongoing shift away from Russian gas.