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Gas Prices Spike In EU As Winter Bites, And What That Means For Azerbaijan

Gas Prices Spike In EU As Winter Bites, And What That Means For Azerbaijan


2026-01-23 12:04:14

(MENAFN- AzerNews)

Natural gas markets are once again on edge. In recent days, the Dutch Title Transfer Facility (TTF) benchmark, Europe's main wholesale gas price, climbed sharply to about $478 per 1,000 cubic meters, its highest level in roughly six months, representing a roughly 14% daily jump on the back of sudden demand and tightening conditions in storage and supplies.

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