LNG

February 20, 2024

Platts updates heating value display for LNG cargo eWindow instruments

Platts, part of S&P Global Commodity Insights, is updating the display of Gross Heating Value (GHV) for LNG cargo bids, offers and trades on the Editorial Window (eWindow) communication tool for the APAC LNG and Atlantic LNG instruments in the Market on Close assessment process, effective March 4, 2024.

The eWindow order entry box will display editable GHV minimum and GHV maximum fields, with default values set at 1,030 Btu/Scf and 1,130 Btu/Scf, respectively.

Reporting of GHV units other than Btu/Scf can be done within the TQC field by selecting the Other- See TQC drop-down option.

This update means that the significant quantity and quality parameters of an LNG cargo can be visible on the primary interface of the eWindow communication tool.

There is no change to the underlying methodology for LNG cargo assessments published. Platts may normalize bids, offers and trades for quality specifications with different GHV ranges.

Please send all feedback, comments and questions to LNGeditorialteam@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 make comments not marked as confidential available upon request.