Bank Of Baku

Natural gas price in Europe falls below $700

Natural gas price in Europe falls below $700
# 24 March 2026 11:28 (UTC +04:00)

The price of 1,000 cubic meters of gas in Europe dropped below $700 at the close of trading yesterday, APA-Economics reports.

According to the report, on March 23, the price of April futures on the TTF (Netherlands’ Title Transfer Facility, Europe’s most liquid virtual trading hub) index amounted to $671.8, which is 5.1% lower compared to the previous settlement price of $708.1.

It should be noted that transportation of Azerbaijani gas to Europe via the Trans Adriatic Pipeline (TAP) began on December 31, 2020.

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