SUBSCRIBER NOTE: North Sea crude cargo offers via eWindow

Following subscriber notes dated June 9, 2016, and June 16 announcing the launch of eWindow software for the North Sea crude oil cargoes assessment process, Platts would like to remind market participants of the procedures governing offers including more than one laycan.

Platts considers an individual three-day laycan to contain a single cargo, unless there is evidence of additional supply availability.

For offers of four days or longer, containing more than one cargo, a buyer must nominate specific dates within the offer range at the time of trade.

If a seller re-offers, Platts will typically consider only cargoes not already lifted in that day's Platts Market On Close assessment process as being valid in the re-offer.

Please send all comments to europe_products@platts.com and pricegroup@platts.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.