Platts proposes new PNGTS, delivered daily natural gas index

Platts, part of S&P Global Commodity Insights, proposes to add a new Portland Natural Gas Transmission System (PNGTS), delivered daily natural gas index (IGBZZ21), effective for trade date Feb. 29 and flow date March 1.

The methodology for the proposed new location would be as follows: PNGTS, delivered (daily market only):

Deliveries from Portland Natural Gas Transmission System starting at, but not including Pittsburg (East Hereford), and extending to and including the Dracut interconnection in Middlesex, Massachusetts. Deliveries along the joint facilities with Maritimes & Northeast Pipeline from the Westbrook, Massachusetts, interconnect through the Dracut interconnect are also included. Trades done on ICE at the M&N US location are not included unless deliveries are specified along the PNGTS and Maritimes joint facilities.

Trades reported generically as M&N US would not be included in the index because Platts would not know the specific delivery location.

Please send any comments or questions to AmericasGasPricing@spglobal.com and pricegroup@spglobal.com by Jan. 31.

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.