During today's auctions, the price of 1,000 cubic meters of gas in Europe reached $403, APA-Economics reports.
On August 26, the price of September futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $403.1, which is 1.3% less than the previous calculation price ($408.5).
It should be noted that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.