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Gas price in Europe exceeds $458

During today's auctions, the price of 1,000 cubic meters of gas in Europe exceeded $458, APA-Economics reports.

On June 17, the price of July futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $458.2, which is 1% more than the previous calculation price ($453.9).

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

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