SUBSCRIBER NOTE: Platts proposes revising DES West India assessment

S&P Global Platts is seeking feedback on a proposal to introduce new LNG price assessments for DES West India on May 16, 2017.

Platts currently publishes a single front-month DES West India assessment matching the JKM marker front month delivery period, with the DES West India rolling on the 16th of the month.

Platts is proposing to introduce a total of five half-month assessments for DES West India.

Four of the half-months will match the delivery periods of Platts JKM assessments, with the fifth half month introduced immediately preceding the first half month.

Monthly assessments will be based on the average of the two half months that match the full month of assessment.

For example, from February 16-28, the JKM half months assessed are H2 March, H1 April, H2 April and H1 May.

Under the proposed DES West India assessment, the DES West India half months assessed will be H1 March, H2 March, H1 April, H2 April and H1 May.

Monthly assessments will include March and April.

Please address any questions or comments by April 7 2017, to LNGeditorialteam@spglobal.com and copied to pricemethodology@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.