SUBSCRIBER NOTE: Platts' DFC assessment to replace Ras Gas

As previously announced, Platts will publish an assessment reflecting the price of Qatari condensate under the name DFC or Deodorized Field Condensate from May 4, 2015. This assessment is identical to, and published alongside, the existing Ras Gas condensate assessment. Platts will discontinue the existing Ras Gas assessment from January 2, 2016. The new DFC assessment and associated code will 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 that Platts assessments and terminology conform with the latest market convention. 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.

The DFC assessment is published in Platts Global Alert on pages 2212, 2213, 2232, and 2233; and in Platts Oilgram Price Report, Platts Crude Oil Marketwire, and Platts Asia Pacific/Arab Gulf Marketscan. The assessment is found under the following codes ADFCD00, ADFCA00, ADFCC00, ADFCB00 and ADFCD03, ADFCA03, ADFCC03, and ADFCB03 for the monthly averages.