Gas prices in Europe rises by 7%

Gas prices in Europe rises by 7%
# 18 January 2023 09:19 (UTC +04:00)

The price of 1,000 cubic meters of gas in Europe exceeded $660 at the beginning of auctions held yesterday, APA-Economics reports.

On January 17, 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 $661,3, which is 6,8 % more than the previous calculation price ($(619,3 ).

Notably, on March 7 of this year, the gas price in Europe rose to a maximum of 3,900 dollars.

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