Potential change to BFOE ship-to-ship methodology

Platts invites comment on a potential change to ship-to-ship deals in its Dated Brent-Forties-Oseberg-Ekofisk assessment methodology.

Platts is considering including in its processes deals where the seller commits to delivery of 600,000 barrels of crude oil from a vessel that has itself loaded via a ship-to-ship transfer.

In such deliveries the quality must be congruent with that at the time of its original loading from its respective terminal.

Platts currently only includes in its ship-to-ship methodology crude oil recently loaded onto a vessel from the terminal and not transhipped oil.

Send any comments and suggestions by close of business on Friday, June 27 to europe_crude@platts.com and pricegroup@platts.com.