SUBSCRIBER NOTE: Platts launches Iranian Light, Heavy assessments for Med delivery

Platts has launched four new daily Iranian Light and Iranian Heavy assessments reflecting crude loading FOB Kharg Island for delivery in the Mediterranean effective January 2, 2019.

These assessments will be published on Platts Global Alert page 1234 and available under the below codes:

Assessment Code Iranian Light FOB Kharg Island (Med) AILKA00 Iranian Light FOB Kharg Island (Med) vs Med Dated Strip AILKB00 Iranian Heavy FOB Kharg Island (Med) AIHKA00 Iranian Heavy FOB Kharg Island (Med) vs Med Dated Strip AIHKB00

A decision note announcing these assessments was published December 14, 2018 and is available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/121418-platts-to-launch-new-iranian-light-heavy-assessments-fob-kharg-island-for-med-delivery

Platts is also discontinuing daily spot market assessments for Iranian Light and Iranian Heavy FOB basis Sidi Kerir following from the National Iranian Oil Company's decision to cease publication of official selling prices for its crude oil loading FOB Sidi Kerir as of January 1, 2019.

A note announcing this decision was published December 14 and is available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/121418-platts-to-discontinue-iran-light-heavy-fob-sidi-assessments

The following assessments will be discontinued:

Assessment Code Iran Heavy FOB Sidi Kerir PCABH00 Iran Heavy FOB Sidi Kerir vs Med Dtd Strip AAGYB00 Iran Light FOB Sidi Kerir PCABI00 Iran Light FOB Sidi Kerir vs Med Dtd Strip AAGXZ00

The launch of Platts new FOB Kharg Island Med assessments will provide continuity in coverage for subscribers looking for spot market information for Iranian crude to Europe.

Please send any further feedback or questions to europe_crude@spglobal.com and pricegroup@spglobal.com

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