GOLDMAN SACHS ANALYST EXPECTS RUSSIA TO CHINA GAS PIPELINE TO BE FULL NEXT YEAR, SO CHINA LNG IMPORTS TO GROW SIGNIFICANTLY IN NEXT 10 YEARS
SINGAPORE, Nov 27 (Reuters) -Asia prices of liquefied natural gas (LNG) could jump to above $20 per million British thermal units (mmBtu) if European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday.
"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, co-head of global commodities research at Goldman Sachs.
Reporting by Florence Tan; Writing by Emily Chow; Editing by Tom Hogue
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