Bank Of Baku

Natural gas price in Europe exceeds 460 dollars

Natural gas price in Europe exceeds 460 dollars
# 11 March 2025 09:29 (UTC +04:00)

On the previous day's auction close, the price of 1,000 cubic meters of gas in Europe exceeded 460 US dollars, APA-Economics reports.

On March 10, the price of April futures based on the TTF (Netherlands' "Title Transfer Facility," the most liquid virtual trading hub in Europe) index reached 460.1 dollars, which is 2.6% higher than the previous calculated price of 448.5 dollars.

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

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