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The Economic Times
The Economic Times
Business

Goldman raises Dutch TTF gas price view on slow Hormuz export recovery

TTF Goldman Sachs Gulf Middle East

Goldman Sachs raised its benchmark Dutch TTF gas price forecast for the last two quarters this year on the expectation of further delays to normalisation of LNG exports from the Gulf after recent escalation in Middle East hostilities.

The investment bank raised its TTF forecasts ‌for the ⁠third and ⁠fourth quarters this year to €60 and €53 per megawatt hour (MWh) respectively on Tuesday, up from previous projections of €41 and €40.

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