Bank Of Baku

Europe's natural gas prices rose by above 15%

Europe
# 16 August 2023 10:16 (UTC +04:00)

Gas prices exceeded USD 450 for 1000 cubic meters in auctions held yesterday in Europe, APA-Economics reports.

Prices for September futures amounted to 451,9 dollars on August 15 in comparison to the previous counting price (391,7 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it a 15,4% increase.

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