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Thursday, September 11, 2025GAS (p/therm) TUEWED VAR D-1 VAR W-1AVG.MAXMIN 9/910/9FROM THE BEGINNING OF THIS YEARNBP SPOT80.40 80.30-0.12.594.42145.3075.10NBP OCT2580.78 81.090.312.6395.33134.3276.54NBP NOV2585.53 85.830.31.9599.86133.5282.72NBP DEC2588.90 89.140.241.7101.98135.0086.39NBP JAN2690.48 90.760.281.81102.37134.3987.46NBP FEB2690.59 90.910.321.9101.82132.9487.38NBP MAR2686.70 86.970.27297.94128.7583.34NBP APR2682.18 82.320.141.1489.42112.7178.38NBP MAY2679.34 79.390.051.2684.85106.2274.74NBP JUN2678.20 78.250.051.2782.81104.4471.89NBP JUL2677.73 77.780.051.1482.72104.0172.46NBP AUG2678.93 78.980.051.1383.45104.4273.26NBP SEP2680.24 80.320.081.1784.35104.7973.41NBP Q4 2585.06 85.350.292.199.05133.9981.96NBP Q1 2689.21 89.500.291.9100.67132.0086.02NBP Q2 2679.90 79.980.081.2285.69107.6475.00NBP Q3 2678.95 79.010.061.1483.50104.4073.04NBP WIN202587.12 87.400.28299.85133.0083.97NBP SUM202679.42 79.490.071.1884.59106.0074.01NBP WIN202686.69 86.860.170.889.88104.6180.91NBP SUM202772.71 72.760.050.4973.2481.8967.41NBP WIN202780.58 80.940.360.7480.1386.8675.08The NBP spot price slipped by 0.1% to 80.30 p/therm on Wednesday, weighedby expectations that China will scale back LNG purchases from Asia as itboosts inflows of Russian pipeline gas and Arctic LNG 2 volumes. Despiteample supply, the Winter 2025 delivery contract gained 0.3% to 87.40 p/therm,underpinned by fears that escalating geopolitical risks in the Middle East andEurope could disrupt energy infrastructure and tighten availability.