Clarification note: 500 ppm sulfur in Singapore Gasoil from 2013

Following industry feedback, Platts notified its subscribers of a reduction in the sulfur content reflected in its benchmark Singapore Gasoil assessment to 500 ppm, effective from January 2, 2013, as proposed in our subscriber notes of November 22, 2011 and July 14, 2011.

Platts began publishing the notification to its Singapore refined products assessments in Asia Pacific/Arab Gulf Marketscan, and on Platts Global Alert page 6 from January 3.

The notation reads as follows: "Note: The "Gasoil Reg 0.5%" assessment was renamed "Gasoil" on January 3, 2012. The renamed Gasoil assessment will continue to reflect the same underlying methodology and quality specifications, including a sulfur content of 0.5% sulfur, all through calendar year 2012.

The specification will change to 500 ppm sulfur on January 2, 2013." Please direct all further comments, questions and feedback to oilgroup@platts.com and pricegroup@platts.com.