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Goldman Expects Ukraine Gas Transit Until January 2025

NATGAS

Goldman Sachs maintains its view that Russian gas flows through Ukraine will only halt from January 2025 - when the existing Ukraine gas transit agreement with Russia expires.

  • "When the Russian gas transit deal through the Ukraine expires, we expect German pipeline exports to central/eastern Europe to rise by 16 mcm/d on average as a result."
  • "We agree that winter TTF price risks remain skewed to the upside relative to our 35 eur/mwh forecast"

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