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Research & Insights
03 Aug 2015 | 06:48 UTC — Houston
Following an initial review of market conditions, Platts is now seeking formal feedback on a proposal to add two new assessments to its daily and monthly price surveys.
1. Transco, Zone 6 non-NY South: Platts has seen consistent price disparities between gas delivered north of station 195 and gas delivered south of station 195. To bring more price transparency to the region, Platts will start assessing prices for gas delivered south of station 195.
The Transco, Zone 6, non-NY South specifications would appear as follows:
Transco, Zone 6 non-NY South (daily and monthly survey) Deliveries from Transcontinental Gas Pipeline from the start of zone 6 at the Virginia/Maryland border to Station 195 in York, Pennsylvania.
There will be no change to the existing Platts listing for Transco, Zone 6 non-NY, which is composed of all non-NY delivered transactions both north and south of Station 195.
2. Tennessee, Zone 4-313 Pool: Trading in the daily and monthly markets at Tennessee, Zone 4-313 Pool has demonstrated a level that will support a robust pricing location.
The Tennessee, Zone 4-313 Pool specifications would appear as follows:
Tennessee, Zone 4-313 Pool (daily and monthly survey) Transactions at Station 313 in Potter County, Pennsylvania, on Tennessee Gas Pipeline's Zone 4 300 Leg. The changes would take effect beginning on trade date Monday, August 31, for flow date Tuesday, September 1, for the daily survey and for the September 2015 monthly survey.
The proposed Transco, Zone 6 non-NY South location would appear in the "Northeast" section of the "Market Center Spot Gas Prices" table in Inside FERC's Gas Market Report; Energy Trader and Gas Daily Price Guide; in the "Citygates" section of Gas Daily's "Daily Price Survey" table; and Platts Natural Gas Alert pages 433, 495 and 516. Additionally, it would appear in the "Northeast" section of the "Market Center Bidweek Physical Basis Prices" table in Inside FERC's Gas Market Report.
The proposed Tennessee Zone 4 Station 313 location would appear in the "Prices of Spot Gas Delivered to Pipelines" table in Inside FERC's Gas Market Report; Energy Trader and Gas Daily Price Guide; in the "Appalachia" section of Gas Daily's "Daily Price Survey" table; and Platts Natural Gas Alert pages 417, 490 and 511. Additionally, it would appear in the "Bidweek Physical Basis Prices Delivered to Pipelines" table in Inside FERC's Gas Market Report.
Please send any comments to gas_survey_comments@platts.com and pricegroup@platts.com by August 13.
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.