European gas prices drop below $375 per 1,000 cubic meters

European gas prices drop below $375 per 1,000 cubic meters
# 29 April 2025 10:13 (UTC +04:00)

At the close of trading the previous day, the price of 1,000 cubic meters of gas in Europe dropped below 375 US dollars, APA-Economics reports.

On April 28, the price of May futures based on the TTF (Title Transfer Facility of the Netherlands, Europe's most liquid virtual trading hub) index stood at $374.1, which is 1.7% lower compared to the previous settlement price of $380.8.

Note that since December 31, 2020, Azerbaijani gas has been transported to Europe via the Trans-Adriatic Pipeline (TAP).

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