SUBSCRIBER NOTE: Platts proposes including KM Galena Park for USGC 0.5%S

S&P Global Platts proposes to begin reflecting loadings from Kinder Morgan's Galena Park Terminal in its USGC 0.5% sulfur marine fuel oil assessments, effective June 3, 2019. This would be added to the list of current acceptable terminals for FOB Houston loadings in the US Gulf Coast fuel oil market on close assessment.

This is in response to market feedback and review of information on the terminal. Kinder Morgan Galena Park has 240 tanks with total storage capacity of over 10 million barrels, including product storage for petroleum products. The terminal is connected to other Kinder Morgan terminals on the Houston Ship Channel, including Pasadena and Kinder Morgan Export terminal via 14 cross channel pipelines and has four barge docks and five ship docks to accommodate up to Panamax size vessels.

Platts may review the inclusion of additional terminals for its 0.5%S marine fuel oil assessments and may also review the list of existing acceptable terminals in relation to loading 0.5%S.

Platts' US Gulf Coast 0.5%S fuel oil assessments currently reflect fuel oil loading basis FOB Houston from the following terminals: Magellan Galena Park Terminal, Bayport Container Terminal (LBC), Houston Fuel Oil Terminal (HOFTI) and Battleground Oil Specialty Terminal (BOSTCO).

Please send any further queries or feedback to americas_products@platts.com and pricegroup@platts.com by May 15, 2019. 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.