During today's auctions, the price of 1,000 cubic meters of gas in Europe exceeded 405 USD, APA-Economics reports.
On July 23, the price of August futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was 405.5 USD, which is 1.2% more than the previous calculation price (400.7 USD).
Note that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.
