Gas prices in Europe exceeds $450

Gas prices in Europe exceeds $450
# 09 August 2024 12:57 (UTC +04:00)

Yesterday, at the close of trading, the price of 1,000 cubic meters of gas in Europe approached 455 USD, APA-Economics reports.

On August 8, the price of September futures based on the TTF (Title Transfer Facility in the Netherlands, Europe's most liquid virtual trading hub) index was 454.9 USD, which is 4.8% higher compared to the previously calculated price of 434.2 USD.

Note that since December 31, 2020, Azerbaijani gas has been transported to Europe via the Trans-Adriatic Pipeline (TAP).

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