23 Apr 2015 | 11:44 UTC — Singapore

SUBSCRIBER NOTE: Platts to publish DFC assessments to replace Ras Gas

Platts will start publishing an assessment reflecting the price of Qatari condensate under the name DFC, or Deodorized Field Condensate, from May 4, 2015.

The assessment will be identical to, and published alongside, the existing Ras Gas condensate assessment, which will be discontinued 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 ensures Platts assessments and terminology conform 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.