05 Aug 2009 | 06:12 UTC — New York

Med 0.2% sulfur gasoil methodolgy under review

Platts is reviewing its Mediterranean 0.2% sulfur gasoil cargo assessments in response to the continuing shift to lower sulfur gasoil production in the region.

As a result, Platts is considering various mechanisms for assessing the 0.2% sulfur gasoil in relation to the 0.1% gasoil Mediterranean assessments.

Platts requests feedback on what mechanisms would be the most appropriate for linking these two assessments.

Platts has already announced that it will stop assessing Mediterranean 0.2% gasoil CIF and FOB cargoes on the last trading day of 2009.

Please send feedback and any proposals to europe_products@platts.com with a CC to pricegroup@platts.com.