# Goldman Sachs raises 2027 TTF Average Price Projection to EUR 51/MWh from EUR 44 to reflect a 45% chance of a low-winter-Mideast LNG supply scenario

> Goldman Sachs raised its 2027 TTF average price projection to EUR 51/MWh from EUR 44, and its Q1 2027 forecast to EUR 74/MWh from EUR 44. The revision reflects a 45% probability of a low-winter scenario with reduced Middle East LNG supply.

- Date: 2026-11-03 · published 2026-11-03T06:07:33.897Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/77057-goldman-sachs-raises-2027-ttf-average-price-projection-to-eur-51-mwh-from-eur
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A probability-weighted supply disruption lifts the winter risk premium in European gas, feeding front-winter contracts and seasonal spreads. Higher European gas raises nitrogen fertiliser costs and competition with Asia for LNG cargoes.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- newsquawk.com: https://www.newsquawk.com/headlines/goldman-sachs-raises-2027-ttf-average-price-projection-to-eur-51mwh-from-eur-44-to-reflect-a-45-chance-of-a-low-winter-mideast-lng-supply-scenario

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.