The price of 1,000 cubic meters of gas in Europe exceeded $800 at the beginning of auctions held yesterday, APA-Economics reports.

On January 9, 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 $811,4, which is 7% more than the previous calculation price ($758,5).

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

Source: Azeri-Press News Agency