05 Sep 2012 | 03:32 UTC — New York

Platts to add months, season to forward gas assessments

Following market consultation, Platts will expand the Platts-ICE Forward Curve Natural Gas North America by adding three additional months and one additional season effective September 27.

The assessments will be added for all 28 locations for which Platts currently provides daily forward assessments and the new Southern Natural, Louisiana, forward curve.

Currently, PFC Natural Gas North American assessments are for balance-of-the-month, months 1-3, balance of the season, seasons 1-4, and years 1-3.

To increase the granularity of the curve, the new assessments will be for months 4-6. In addition, the curve will be extended with a new season 5.

The additional assessments will be available along with the existing daily forward assessments in the forward curve add-on to Platts Natural Gas Alert and through Platts Market Data in category GN.

Complete list of codes: http://plts.co/extranearby94