17:09 - 5.12.2024

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December 5, Fineko/abc.az. The International Banking & Financial Services Corporation of the Netherlands ING (Internationale Nederlanden Group) has published a forecast on the average price of natural gas in Europe.

The agency forecasts the price of gas in Europe at the level of 34 euros for 2024 according to the TTF index (the Dutch Title Transfer Facility is Europe's largest virtual shopping center), ABC.AZ reports.

In addition, ING Group predicts that the price of gas in Europe in 2025 will be 33 euros, and in 2026 - 28 euros.

On December 31, 2020, transportation of Azerbaijani gas to Europe via the Trans-Adriatic Pipeline (TAP) began.