Platts launches inclusion of basis trades in Florida city-gates daily indices

Following a period of market consultation, S&P Global Platts has launched the inclusion of basis trades in the preliminary and final daily indices for the S&P Global Platts location Florida city-gates beginning flow date May 1 in the daily market.

The only basis trades included are trades priced as a differential to Florida Gas, Zone 3. The basis trades are then converted to fixed-price trades by adding the price differential to the Florida Gas, Zone 3 index price.

As defined by Platts natural gas methodology, Florida city-gates reflects deliveries off of Florida Gas Transmission to all city-gates in the Florida market, stretching from the Florida Panhandle to southern Florida.

Please send any comments to the listings above to americasgaspricing@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 will make comments not marked as confidential available upon request.