At the close of trading yesterday, the price of gas in Europe fell below $600 per 1,000 cubic meters, APA-Economics reports.
On March 31, the price of May futures on the TTF (the Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading hub) index amounted to $598.2, which is 8.4% lower compared to the previous settlement price of $653.3.
Note that the transportation of Azerbaijani gas to Europe via the Trans Adriatic Pipeline (TAP) began on December 31, 2020.
