European supply crunch could affect Asian prices

Thursday, 28 November 2024

Asian LNG prices could rise to above $20 per MMBtu if European gas supply tightens this winter, according to Goldman Sachs.

"That's the near-term dynamic, given this vulnerability of Europe, the lack of spare capacity, the loss of the residual Russian volumes currently going through Ukraine, and I should say, a colder than average start of the winter," said Samantha Dart, the bank’s co-head of global commodities research.


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Last modified on Thursday, 28 November 2024 10:22
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