AZ

Natural gas price in Europe exceeds $420

During today’s trading, the price of 1,000 cubic meters of gas in Europe has exceeded 420 US dollars, APA-Economics reports.

On July 10, the price of August futures based on the TTF (Title Transfer Facility of the Netherlands, Europe’s most liquid virtual trading hub) index reached 421.9 US dollars, which is 1.6% higher compared to the previous settlement price of 415.4 US dollars.

Note that since December 31, 2020, Azerbaijan started to supply its gas  to Europe via the Trans-Adriatic Pipeline (TAP).

 

 

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