05 Jun 2017 | 12:05 UTC — London

SUBSCRIBER NOTE: Platts to change TTF, NBP balance-of-month gas assessment methodology

Following industry consultation, S&P Global Platts will from July 3, 2017, change the last assessment day for the daily Dutch TTF and UK NBP balance-of-month gas contracts to align our methodology with industry standards. The last assessment day for TTF and NBP balance of month contracts will be two UK business days before the end of the month. Under the existing methodology, Platts produces balance-of-month assessments for each UK business day. TTF balance-of-month assessments are published on European Power Alert pages 0675, 0676, Natural Gas Alert pages 0825 and 0826, in Platts Market Data category EG and in European Gas Daily. NBP balance-of-month assessments are published on European Power Alert page 0611, Natural Gas Alert page 0808, in Platts Market Data category EG and in European Gas Daily. TTF balance-of-month assessment is published in Eur/MWh with the following currency and unit conversions: pence/therm, $/MMBtu and Eur/Gj. NBP balance-of-month assessment is published in pence/therm with the following currency and unit conversions: Eur/MWh, $/MMBtu and Eur/Gj.

A list of the relevant codes follows below:

Eur/MWh p/th $/MMBtu Eur/Gj TTF Balance month GTFAA00 GTFAB00 GTFAD00 GTFAC00 NBP Balance month AALJM00 NGAAC00 GNCWB00 GNCUB00

Platts continues to invite comments and queries to power@spglobal.com with copy to pricemethodology@spglobal.com.