During the auctions held today, the price of 1,000 cubic meters of gas in Europe fell below USD 410, APA-Economics reports.
On August 5, the price of September futures according to the TTF (the Netherlands' "Title Transfer Facility," Europe’s most liquid virtual trading hub) index was USD 407.7, which is 0.6% lower compared to the previous calculated price (USD 410.1).
Note that since December 31, 2020, the transportation of Azerbaijani gas to Europe via the Trans-Adriatic Pipeline (TAP) has begun.
