SUBSCRIBER NOTE: ENI Trading and Shipping to join Asia crude, product swaps MOC

ENI Trading and Shipping S.p.A has advised Platts that it intends to take part in the Market on Close assessment process in Asia for crude oil paper, gasoil paper, jet fuel paper, fuel oil paper, naphtha paper and mogas paper markets. All expressions of interest to trade will be published as ENI Trading and Shipping S.p.A. During the MOC process, ENI will appear on the eWindow communication tool with its credit filters set to bilateral but closed to all counterparties. However, the company will be able to transact on a cleared basis directly with authorized counterparties. Counterparties may communicate to Platts editors any intention to execute trade with ENI. Any trade will need to be confirmed by both parties and concluded according to their prevailing credit relations and permissions. Platts welcomes all feedback. Platts considers bids, offers and transactions by all credible and credit-worthy parties in in its assessment procedures. For comments and feedback, please contact Platts editors at asia_oilproducts@platts.com and pricegroup@platts.com.