Platts to add Augusta hub for FOB Med gasoline cargo eWindow instrument

S&P Global Platts will add Augusta to the list of available hubs for its FOB Mediterranean premium unleaded 10 ppm gasoline cargo eWindow instrument in the Platts Market on Close assessment process, effective Feb. 18, 2022.

Following a review, Platts added the port of Augusta to the list of ports reflected in the MOC process for FOB Mediterranean premium unleaded 10 ppm gasoline cargoes on Oct. 1, 2021: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/100121-platts-adds-augusta-to-ports-reflected-in-fob-med-premium-unleaded-10-ppm-cargo-assessment

From Feb. 18, participants in the MOC process will be able to submit bids or offers for premium unleaded 10 ppm gasoline cargoes loading from Augusta for publication directly through the eWindow communication tool, or do so through an editor who would then publish the bids and offers using the software.

To add the location to your existing eWindow portfolio, please click on Admin, Manage Portfolios and Edit your portfolio.

Augusta can be found using the following options: Market type = Platts Variable Oil; Region = Europe; Product = Platts Prem Unl FOB Med Crg; Name = Platts Prem Unl FOB Med Crg FOB bss Augusta- 10-25

Platts has established clearly defined guidelines and standards of incrementability which apply when publishing bids and offers in the MOC process in order to ensure an orderly and transparent price assessment process.

For further details of these guidelines, please see https://www.spglobal.com/platts/en/our-methodology/methodology-specifications/oil/oil-timing-and-increment-guidelines

Please send any feedback or comments to europe_products@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.