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Goldman Sachs maintains TTF gas price forecast for 2025, 2026

ReutersAug 12, 2025 12:27 AM

Aug 11 (Reuters) - Goldman Sachs maintained its price forecast for Title Transfer Facility (TTF) gas at 37 euros per megawatt hour (MWh) for the balance of 2025 and at 30 euros per MWh for 2026, it said in a research note on Monday.

The bank said European gas markets are roughly unchanged at 33 euros per MWh since last Friday's announcement of a meeting between President Donald Trump and President Vladimir Putin, scheduled for August 15 in Alaska.

Goldman said this reflects the market's skepticism that the meeting might result in a lasting peace agreement with Ukraine, pricing in no significant shift in Russian gas or liquefied natural gas (LNG) supply.

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