Goldman Sachs: European natural gas prices for the second quarter to be raised due to prolonged interruption of Qatar LNG exports.
Goldman Sachs' latest report has raised the forecast for European natural gas prices in the second quarter of 2026 from the previous 45 euros per megawatt hour to 63 euros per megawatt hour. Goldman Sachs predicts that Qatari LNG exports will remain completely shut down until late March, longer than previously expected, with exports gradually resuming in April. Goldman Sachs has also raised its forecast for Asian second quarter LNG prices from the previous $16 per million British thermal units to $23 per million British thermal units.
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