At the close of trading yesterday, the price of gas in Europe fell below $548 per 1,000 cubic meters, APA-Economics reports.
On March 10, the price of April futures under the TTF index (the Netherlands’ Title Transfer Facility – Europe’s most liquid virtual trading hub) amounted to $547.6, which is 18.9% lower compared to the previous settlement price ($675.1).
It should be noted that since December 31, 2020, the transportation of Azerbaijani gas to Europe via the Trans-Adriatic Pipeline (TAP) has begun.
