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2025.09.0113:32:10UTC+00UK Natural Gas Holds Muted Momentum

UK natural gas futures dropped to 78.6 pence per therm, remaining near their lowest point in a year and not experiencing the significant rebound seen in other European markets, thanks in large part to an abundant supply. Enhanced imports of liquified natural gas (LNG) to Germany and Italy’s reception facilities have reduced purchasing pressure, given that gas storage across the European Union is over 77% full and is on target to meet its November goals. This situation is further supported by a positive outlook for ample LNG availability from the US, where feedstock generation is on the rise. These factors have effectively offset a decrease in Norwegian gas flows. Concurrently, the increased electricity production from wind has diminished the need for natural gas power plants.

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