Baku 9° C
Gas prices in Europe down 7%
Energy
- 24 December, 2021
- 07:55
The prices of natural gas in Europe at the opening of exchange trading on December 24 decreased by 7% and dropped below $1,450 per 1,000 cubic meters, Report informs referring to the data of the London stock exchange ICE.
The January futures price on the TTF hub in the Netherlands dropped to $1,441.
The general decline in gas prices exceeded 27% on December 23.
The exchange price of gas in Europe on December 21 for the first time in history exceeded $2,000 per 1,000 cubic meters amid imminent cold and abnormally low gas reserves in European underground storage facilities.
Author
Latest News
13:23
Sekerinska, Simonyan mull peace between Baku, Yerevan
Region13:18
Azerbaijan faces growing disinformation as its global standing rises
Media13:13
Deputy Minister: Strengthening resilience of national economy is one of key goals
Business13:09
US Senate approves $901B defense budget bill
Other countries13:06
Over 110,000 TEU cargo to be handled at Port of Baku in 2026
Infrastructure13:05
US informed Europe of its desire to use Russian assets as part of Ukraine settlement
Other countries13:03
Photo
Azerbaijan, UAE hold second round of consular consultations in Baku
Foreign policy13:02
Photo
Azerbaijan's Energy Ministry holds Board Meeting
Energy12:59