Natural gas prices in Europe drop

Natural gas prices in Europe drop
# 08 May 2025 10:43 (UTC +04:00)

At the close of trading yesterday, the price of 1,000 cubic meters of gas in Europe fell to USD 401, APA reports.

On May 7, the price of June futures on the TTF (Netherlands' Title Transfer Facility, Europe’s most liquid virtual trading hub) index stood at USD 401.4, marking a 1.4% decrease compared to the previous settlement price of USD 407.1.

Notably, the supply of Azerbaijani gas to Europe via the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.

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