Natural gas prices in Europe drop by 2%

Natural gas prices in Europe drop by 2%
# 15 May 2025 11:25 (UTC +04:00)

At the close of trading on May 14, the price of natural gas in Europe fell below $405 per 1,000 cubic meters, APA-Economics reports.

June futures on the TTF (Title Transfer Facility) index — the most liquid virtual gas hub in Europe, based in the Netherlands — were priced at $403, down 2% from the previous settlement price of $411.2.

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

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