Price of natural gas in Europe declines below $410

12:25 - 5.08.2025


August 5, Fineko/abc.az. During today's auctions, the price per 1,000 cu m of gas in Europe dropped below $410.

ABC.AZ informs that today, the cost of September’s futures on TTF index (the Dutch Title Transfer Facility, Europe's largest virtual shopping center) reached $407.7, which is 0.6% lower than the previous estimated price ($410.1).

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