28 Jun 2023 | 22:27 UTC

Platts clarifies injection points for US Gulf Coast pipeline assessments

Platts would like to remind market participants that Platts US Gulf Coast pipeline assessments reflect product moving on the Colonial Pipeline with input at Pasadena, Texas.

Other injection points can be, and typically are, mutually agreed upon between buyers and sellers. All injection locations west of Alabama, including through Collins, Mississippi, are viewed as reasonable generic injection locations.

Platts expects counterparties to be reasonable around nominations and not unreasonably reject alternative injection points.

Sellers have the right to nominate alternative injection points, while the buyer has the obligation to accept a Pasadena nomination and to accommodate a reasonable alternative injection location. Buyers should not be exposed to the loss of line space history, as a result of alternative injection locations.

Please send all comments, feedback, and questions to americas_products@spglobal.com and pricegroup@spglobal.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.