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Natural Gas
February 13, 2025
Platts, part of S&P Global Commodity Insights, has opened a consultation process regarding its natural gas indices, which could be impacted by potential tariffs. This follows US President Donald Trump's statements regarding a 10% tariff on energy resources imported from Canada.
Platts seeks feedback on the treatment of daily and monthly natural gas trades that may be subject to tariff charges. This involves trades at the NW Canadian bdr. (Sumas), GTN Kingsgate, Dawn Ontario, Emerson Viking GL, Iroquois receipts, and Niagara locations.
The methodology for these locations represents deliveries into the US at the Canadian border but does not specify what side of the border title transfer occurs.
Methodology definitions can be found here(opens in a new tab).
Please send any comments or feedback by Feb. 22 to AmericasGasPricing@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.