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08 Mar 2010 | 07:43 UTC — New York
Commodity: Natural Gas Region: Europe
Following market consultation, Platts has decided to launch daily price assessments of the French PEG Sud gas market.
This will complement our existing coverage of the French PEG Nord hub and bring additional transparency to the Mediterranean gas market.
Platts has observed sufficient liquidity in day-ahead and month-ahead contracts and will publish assessments each UK working day, in Eur/MWh with conversions to p/th and $/MMBtu Conversions to Eur/Gj will be available, on EPA and via dispatch only.
In line with our existing European gas market assessments, Platts will apply the market-on-close methodology for its daily PEG Sud assessments.
The assessments will be published on European Power Alert page 0818 and in European Gas Daily, as well as being available in Platts data dispatch categories and GF.
Monthly averages for PEG Sud will be included in existing monthly average price tables from the start of June.
Launch date is scheduled for April 6, 2010.
Please cut and paste this entire link into your browser for a complete list of codes.
http://www.platts.com/IM.Platts.Content/MethodologyReferences/ NewDiscontinuedCodes/Codes/pegsud-100308.xls or http://bit.ly/pegsud