Natural gas price drops below $425 in Europe

Natural gas price drops below $425 in Europe
# 23 May 2025 11:54 (UTC +04:00)

Today, during the trading sessions, the price of 1,000 cubic meters of gas in Europe dropped below USD 425, APA-Economics reports.

On May 23, the price of June futures according to the TTF (Title Transfer Facility of the Netherlands, Europe's most liquid virtual trading hub) index amounted to USD 423.7, which is 1% less compared to the previous settlement price (USD 428).

Note that since December 31, 2020, Azerbaijan started to transport its gas to Europe via the Trans-Adriatic Pipeline (TAP).

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