Gas price in Europe exceeds $ 750

Gas price in Europe exceeds $ 750
# 06 January 2023 09:43 (UTC +04:00)

The price of 1,000 cubic meters of gas in Europe exceeded 750 US dollars at the beginning of auctions held yesterday, APA-Economics reports.

On January 5, the February futures price on the TTF index (the Netherlands' "Title Transfer Facility" - which is considered the most liquid virtual sales center in Europe, was $754,9, which is 5,9 % more than the previous calculation price ($712,7 ).

Notably, on March 7 of this year, the gas price in Europe rose to a maximum of 3,900 dollars, setting a record several times during the day.

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