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03 Jan 2017 | 11:31 UTC — London
Platts has discontinued its Azeri Light FOB Supsa 135,000 mt outright and differential assessments effective January 3, 2017. Platts made this change due to a lack of liquidity for Suezmax cargoes at the Black Sea port of Supsa.
This change was first proposed in a note published on July 22 2016. The proposal note can be viewed at the following location: http://www.platts.com/subscriber-notes-details/10007604.
Platts previously assessed Azeri Light FOB Supsa 135,000 mt, reflecting cargoes of between 80,000-140,000 mt loading out of the Black Sea port of Supsa in Georgia. Platts published both an Azeri Light FOB Supsa 135,000 mt differential assessment (AALWF00) and an outright assessment (AALWD00). These assessments appeared on Platts Global Alert page MH1222, and in the Platts Crude Oil Marketwire and Platts Oilgram Price Report.
No changes were made to any other Platts Azeri Light assessments. Platts also assesses Azeri Light CIF Augusta (AAHPM00), FOB Ceyhan 135,000 mt (AAUFN00), FOB Ceyhan 80,000 mt (AAUFL00), Azeri Light FOB Supsa 80,000 mt (AATHN00) and BTC FOB Ceyhan (AAUFJ00). These assessments all remain in place.
Please send any comments or questions to europe_crude@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.