The price of gas in Europe has reached a minimum for the first time since the summer of 2021, Azernews reports.

During the auctions held today, the price of 1,000 cubic metres of gas in Europe has fallen below $250 for the first time since March-April 2021, marking a decrease from the previous calculation of $260 by 3.9%.

On March 23, the price of March futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual trading centre in Europe) index amounted to $249.9.