Baku 23° C
European gas prices surge past $340 per 1,000 cubic meters
Energy
- 07 January, 2026
- 12:26
Add Report.az to preferred Google sources
Stay up to date with the top news!
European gas exchange prices rose 1.3%, reaching $340 per 1,000 cubic meters.
According to Report, citing data from the London-based ICE exchange, February futures for the TTF index (Europe's largest hub, located in the Netherlands) opened at $343.7 (+1.1%) and later climbed to $344.2 (+1.3%).
The price movement is calculated based on the previous trading day's settlement price of $339.9 per 1,000 cubic meters.
The average price of European gas futures over the past year slightly exceeded $420, nearly 9% higher than a year earlier.
Author
Latest News
13:37
Laos president: CICA membership - turning point for Laos
Foreign policy
13:32
Kyrgyzstan supports extending Azerbaijan's CICA chairmanship until 2028
Foreign policy
13:31
President of Turkmenistan praises Azerbaijan's CICA chairmanship
Foreign policy
13:27
Ilham Aliyev: Peace still fragile, needs to be protected, strengthened
Domestic policy
13:18
Herzog: Azerbaijan - example of regional partnership and tolerance
Foreign policy
13:14
Magyar: Ukraine's accession to EU could take 15–20 years
Other countries
13:06
Tajikistan proposes expanding capabilities of CICA Youth Council
Foreign policy
13:05
Sadyr Zhaparov praises Azerbaijan's contribution to CICA development
Foreign policy
12:58
Uzbek president: Commitments within CICA should be clearly defined
Foreign policy