Goldman Sachs sees risks to gas prices if Gulf LNG exports remain constrained
If no meaningful improvement in Persian Gulf LNG exports this winter, TTF and JKM will likely reach 105 Eur/mwh, $35/mmbtu by year-end, Goldman Sachs said, assuming average winter weather. This is well above its 70 Eur/mw and $24.85/mmbtu base case under a gradually improving Hormuz LNG flow assumption. Most demand des