Platts proposes to launch Belgian ZTP natural gas assessments

S&P Global Platts is proposing to start assessing natural gas at Zeebrugge Trading Point area (ZTP), Belgium, effective September 30, 2021.

The new daily assessments would reflect physical day-ahead and month-ahead delivery of gas. Platts would also publish assessments for weekend contracts on the last working day of the week, and daily contracts for public holidays.

ZTP prices would be assessed in Eur/MWh, and would be converted into $/MMBtu, p/th and Eur/Gj, using standard conversion factors (https://www.spglobal.com/platts/PlattsContent/assets/files/en/conversiontables/conversion_factors.pdf) and prevailing foreign exchange rates at the time of the assessment.

The new assessments would reflect the value at the close of the market at 16:30 London time and would follow the UK publishing schedule.

Platts would publish ZTP assessments daily on the Natural Gas news wire, and in the European Gas Daily publication alongside its existing Zeebrugge Beach natural gas prices.

The full description of the existing natural gas methodology in Europe can be found here: https://www.spglobal.com/platts/plattscontent/assets/files/en/our-methodology/methodology-specifications/eurogasmetho.pdf.

Platts publication schedule can be found here: https://www.spglobal.com/platts/en/our-methodology/holiday.

Please send comments, questions, and any other feedback regarding the above proposal by August 12, 2021, to EGDeditors@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."