European gas forward curve to be extended

Platts is proposing to extend its European gas forward assessments by adding the following: for the UK NBP, two more seasons and a calendar year; for the Dutch TTF, weekend and two more seasons; for GASPOOL and PEG Nordone quarter ahead, one season ahead and one year ahead; for the PSV one quarter ahead and one season ahead; for NetConnect Germany one quarter ahead.

The development of the markets means that there is now sufficient liquidity in these products and adding them would bring additional transparency to the continental European gas markets.

We would publish assessments each UK working day, in Eur/MWh, p/th and $/MMBtu, applying the same market on close methodology as for all other European gas assessments.

Please address any comments by July 29, 2011 to power@platts.com with a copy to pricegroup@platts.com.