Natural gas prices in Europe exceeded $460 per 1,000 cubic meters which is the highest level since early December 2023, according to London-based ICE data, APA-Economics reports.
September futures at the TTF hub in the Netherlands went up to $467.6 per thousand cubic meters or 41,405 euros per MWh to the maximum level since December 2023.
Note that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.