Amsterdam: At the close of trading yesterday, the price of 1,000 cubic meters of gas in Europe dropped to USD 400, APA-Economics reports.

According to Azeri-Press News Agency, on April 15, the price of May futures according to the TTF (Netherlands’ Title Transfer Facility, the most liquid virtual sales hub in Europe) index amounted to USD 400.4, reflecting a decrease of 1.3% compared to the previous calculation price of USD 405.8.

Note that since December 31, 2020, Azerbaijan has been transporting its gas to Europe via the Trans-Adriatic Pipeline (TAP).