SUBSCRIBER NOTE: Platts proposes to normalize JKM to a calorific value of 1,075 Btu/scf

S&P Global Platts is seeking feedback on its proposal to normalize the quality of JKM to a calorific value of 1,075 Btu/scf.

The JKM assessment will continue to reflect leaner and richer qualities, with these cargoes normalized to 1,075 Btu/scf, using a quality differential.

Platts is making this proposal to increase the specificity of JKM as LNG pricing evolves to become more specific. 1,075 Btu/scf is a typical LNG quality delivered into north-east Asia.

Platts is proposing to implement these changes to the current JKM methodology from September 18, 2017.

Platts continues to invite any comments or feedback to LNGeditorialteam@spglobal.com and copied to pricemethodology@spglobal.com by July 24, 2017.

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.