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Natural gas prices in Europe decreased below $400

During today's auctions, the price of 1,000 cubic meters of gas in Europe fell below $400, APA-Economics reports.

On August 27, the price of September futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $398.6, which is 1% less than the previous calculation price ($402.8).

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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