Europe's natural gas prices drop by 6%

Europe
# 22 January 2024 13:53 (UTC +04:00)

Gas prices dropped below USD 302 for 1000 cubic meters in auctions held today in Europe, APA-Economics reports.

Prices for February futures amounted to 301,8 dollars on January 22 in comparison to the previous counting price (319,8 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it an 5,6% decrease.

Note that from December 31, 2021, Azerbaijan's gas transport to Europe through Trans-Adriatic pipeline (TAP) started.

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