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Tuesday, October 28, 2025GAS (p/therm) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 24/10 27/10FROM THE BEGINNING OF THIS YEARNBP SPOT78.70 76.28-2.42-1.3291.98145.3067.83NBP NOV2580.51 78.76-1.75-1.5497.17133.5278.76NBP DEC2583.29 81.57-1.72-0.5499.36135.0081.57NBP JAN2684.83 82.96-1.87-0.6399.94134.3982.96NBP FEB2684.97 83.08-1.89-0.6799.49132.9483.08NBP MAR2681.62 79.88-1.74-0.4895.68128.7579.88NBP APR2678.39 76.64-1.75-0.0387.89112.7176.64NBP MAY2676.26 74.51-1.750.1283.65106.2274.39NBP JUN2675.49 73.74-1.75-0.1881.81104.4471.89NBP JUL2675.34 73.64-1.70.0281.67104.0172.46NBP AUG2676.42 74.71-1.710.0182.46104.4273.26NBP SEP2677.40 75.69-1.710.0183.43104.7973.41NBP OCT2678.68 77.14-1.541.1485.27105.0976.00NBP Q1 2683.77 81.94-1.83-0.5998.33132.0081.94NBP Q2 2676.71 74.96-1.75-0.0384.44107.6474.96NBP Q3 2676.38 74.67-1.710.0182.51104.4073.04NBP Q4 2682.39 80.98-1.410.688.18105.3479.86NBP SUM202676.54 74.81-1.73-0.0183.47106.0074.01NBP WIN202683.68 82.30-1.380.489.13104.6180.91NBP SUM202770.79 69.59-1.2-0.1872.9981.8967.41NBP WIN202778.90 77.87-1.03-0.1680.0786.8675.08NBP SUM202865.35 64.33-1.02-0.6566.4771.7262.79The British spot gas price dropped by 3% to 76.28 p/therm on Monday,pressured by lower seasonal demand for heating amid mild weather andabundant supply. Norwegian flows also increased, with reduced maintenance atGullfaks, Norne, and Oseberg, Weber noted. On the forward curve, theSummer 2026 delivery contract declined by 2.3% to 74.81 p/therm, as LNGsend-outs from European terminals stayed close to record seasonal levels,according to Gas Infrastructure Europe.