Bank Of Baku

European gas prices drop below $357 per 1,000 cubic meters amid slight decline in TTF futures

European gas prices drop below $357 per 1,000 cubic meters amid slight decline in TTF futures
# 24 November 2025 12:27 (UTC +04:00)

During today's auctions, 1,000 cubic meters of gas in Europe fell below $357, APA-Economics reports.

On November 24, the price of December futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $356.7, which is 0.8% less than the previous calculation price ($359.7).

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

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