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27 Feb 2015 | 11:40 UTC — Singapore
Platts proposes to start publishing an assessment reflecting the price of Qatari condensate under the name 'DFC' or Deodorized Field Condensate from May 1, 2015.
This assessment would be identical to, and published alongside, the existing 'Ras Gas' condensate assessment. Platts proposes to discontinue the existing Ras Gas assessment from January 2, 2016. The new DFC assessment and associated code would carry the historical data for the Ras Gas assessment.
The change in name would not alter any other aspects of Platts assessment of Qatari condensate.
The proposed change would ensure Platts' assessments and terminology conforms with the latest market conventions. Platts understands that Qatar International Petroleum Marketing Co., or Tasweeq no longer sells any condensate with the trade name 'Ras Gas'. The official trade name of the field condensate associated with LNG production from Ras Gas and other entities is DFC.
Please send all comments, feedback and questions on the proposed change to pl_asia_oilproducts@platts.com and pricegroup@platts.com by March 9, 2015.
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.