Bank Of Baku

Europe's natural gas prices exceed 600 dollars

Europe
# 13 October 2023 11:50 (UTC +04:00)

At the auctions held today, the price of 1,000 cubic meters of gas in Europe exceeded USD $600 for the first time since May 10, APA-Economics reports.

On October 13, the November futures price on the TTF index (the Netherlands' "Title Transfer Facility" - which is considered the most liquid virtual sales center in Europe) was $610,2, which is 5% more than the previous calculation price ($580,9).

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