Tuesday, 02 January 2024 12:17 GMT

TAP Elevates Azerbaijan's Position Amid EU Energy Diversification Drive


(MENAFN- AzerNews)

Recent trading activity at the Netherlands' Title Transfer Facility (TTF)-Europe's most liquid virtual gas hub-shows futures prices for August contracts rising to $411.5, reflecting continued upward pressure in the region's gas markets. These numbers are not arbitrary. They reflect deeper, long-term trends: constrained supplies, geopolitical tensions, and an EU-wide push to diversify away from Russian gas. Azerbaijan, through its reliable exports via the Trans-Adriatic Pipeline (TAP), has become an essential player in filling that gap...

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