Bank Of Baku

Natural gas prices in Europe drop below $410

Natural gas prices in Europe drop below $410
# 19 July 2025 12:52 (UTC +04:00)

At the close of auctions yesterday, the price of 1,000 cubic meters of gas in Europe fell below $410, APA-Economics reports.

On July 18, the price of May futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $405.8, which is 1.6% less than the previous calculation price ($412.4).

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

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