Natural Gas Price in Europe Approaches $395


Amsterdam: During today’s auctions, 1,000 cubic meters of gas in Europe is being traded at a level close to $395, APA-Economics reports.



According to Azeri-Press news agency, on September 26, the price of October futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $394.9, marking a 0.4% increase from the previous calculation price of $393.3.



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