Gas prices have exceeded 430 US dollars for 1000 cubic meters in auctions held today in Europe, APA Economics reports.
Prices for September futures amounted to 431,7 dollars on August 9 in comparison to the previous counting price (353,3 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it a 22,2% increase.
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Gas prices have exceeded USD 350 for 1000 cubic meters in auctions held yesterday in Europe, APA-Economics reports.
Prices for September futures amounted to 351,6 dollars on August 8 in comparison to the previous counting price (346,8 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it a 1,4% increase.
It must be noted that Europe’s gas prices have increased to the maximum record price of 3900 dollars a couple of times during the day on March 7 last year.
Note that from December 31, 2021, Azerbaijan's gas transport to Europe through Trans-Adriatic pipeline (TAP) started.
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