AZ

Natural gas is getting cheaper in Europe

During today's auctions, the price of 1,000 cubic meters of gas in Europe reached $403, APA-Economics reports.

On August 26, the price of September futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $403.1, which is 1.3% less than the previous calculation price ($408.5).

It should be noted that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.

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