Goldman Says Russia Conflict Could Curb Gas Flows Indefinitely

  • Nord Stream 2 sanctions could curb flows, bring price spikes
  • European gas markets to remain tight until at least 2025

Nord Stream 2 undersea gas pipeline sections at Mukran Port in Sassnitz, Germany.

Photographer: Krisztian Bocsi/Bloomberg
Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Russian natural gas flows to Europe could be curtailed for “an indefinite period” if the nation’s new pipeline project to Germany is hit by sanctions as a result of escalating tensions over Ukraine, according to Goldman Sachs Group Inc.