Goldman Sachs raised its TTF gas price forecast for the second quarter of this year to 45 euros per Megawatt-hour (MWh) from 36 euros per MWh previously, it said in a note dated on Monday.
The bank, citing disruptions to Qatar’s liquefied natural gas (LNG) production, also raised its April 2026 TTF gas price forecast to 55 euros per MWh from 36 euros per MWh previously.
“We also raise our prompt Apr 26 JKM gas price forecast to $20/mmbtu from $11.90,” Goldman said.
(Reporting by Noel John and Anjana Anil in Bengaluru; Editing by Tom Hogue)