AZ

Natural gas price in Europe exceeds $412

At the close of trading yesterday, the price of gas in Europe exceeded 412 US dollars per 1,000 cubic meters, APA-Economics reports.

On February 5, the price of March futures under the TTF (the Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading hub) index stood at 412.5 dollars, which is 0.7% higher compared to the previous settlement price of 409.4 dollars.

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

 

 

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