In the third quarter of this year (July-September), the average price of natural gas in Europe was 11.29 US dollars per 1 million BTU (British thermal unit), which is 1.83% less than the indicator of the same period last year ($ 11.5), APA-Economics reports this, citing the World Bank's monthly report on commodity prices.
According to the report, the average price of natural gas in Europe decreased by 4.9% in July-September compared to the indicator of the second quarter of the year ($ 11.87).
It is reported that in September this year, the average price of gas in Europe was $ 11.12, which is a 0.27% decrease compared to the indicator of August ($ 11.15).
According to the information, the average price of natural gas in the United States in January-April was $ 1 million. It was $3.03 per BTU, which is 43.6% more than the third quarter of last year ($2.11). Compared to the second quarter of the year ($3.18), the average price of natural gas in the United States decreased by 4.7% in July-September.
In September of this year, the average price of natural gas in the United States was $2.97, which is 2.06% more than the August figure ($2.91).
It is reported that in 2024, the average price of gas in Europe and the United States was $10.96 (a 16.4% decrease) and $2.19 (a 13.8% decrease), respectively.
Recall that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.
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