Page 85 - Demo

Friday, November 14, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 12/11 13/11FROM THE BEGINNING OF THIS YEARNBP SPOT68.00 68.500.5-7.191.01145.3063.10NBP DEC2581.25 80.03-1.22-2.0698.35135.0080.03NBP JAN2682.51 81.23-1.28-2.4998.98134.3981.23NBP FEB2682.60 81.42-1.18-2.3698.57132.9481.42NBP MAR2679.56 78.54-1.02-2.2494.79128.7578.54NBP APR2676.31 75.49-0.82-1.8887.26112.7175.49NBP MAY2674.06 73.23-0.83-2.0583.14106.2273.23NBP JUN2673.47 72.64-0.83-2.0481.37104.4471.89NBP JUL2673.21 72.40-0.81-2.0581.23104.0172.40NBP AUG2674.25 73.45-0.8-2.0882.04104.4273.26NBP SEP2675.21 74.40-0.81-2.1383.01104.7973.41NBP OCT2676.42 75.55-0.87-2.4684.83105.0975.55NBP NOV2681.28 80.66-0.62-2.1588.37105.1980.24NBP Q1 2681.52 80.36-1.16-2.3797.41132.0080.36NBP Q2 2674.61 73.78-0.83-1.9983.92107.6473.78NBP Q3 2674.21 73.41-0.8-2.0882.08104.4073.04NBP Q4 2680.28 79.57-0.71-2.2987.79105.3479.57NBP SUM202674.41 73.59-0.82-2.0483.00106.0073.59NBP WIN202681.67 81.01-0.66-2.2288.76104.6180.91NBP SUM202768.49 67.92-0.57-1.8572.7981.8967.41NBP WIN202777.06 76.71-0.35-1.6879.9686.8675.08NBP SUM202863.28 63.21-0.07-1.0766.3471.7262.79Colder weather forecasts and an unplanned outage at the Karsto processingplant is limiting flows by around 9 mcm/day through Friday, pushing the Britishspot gas price up by 0.7% to 68.50 p/therm on Thursday. However, on theforward curve, the Summer 2026 delivery contract dropped by 1% to 73.59p/therm, pressured by robust European LNG sendout, last reported near419 mcm/day, about 38% higher than a year ago.