09 Aug 2012 | 06:11 UTC — Washington

Platts proposes to add months, season to forward gas assessments

Platts is proposing to expand the Platts-ICE Forward Curve Natural Gas North America by adding three months and one season effective September 27. The assessments would be added for all 28 locations for which Platts currently provides daily forward assessments. For a list of those locations, see the forward curve methodology at http://www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpe cs/platts_ice_forwardcurve_naturalgas.pdf or http://bit.ly/fwdcurve. PFC Natural Gas North American assessments now are for balance-of-the-month, months 1-3, balance of the season, seasons 1-4, and years 1-3. To increase the granularity of the curve, the new assessments would be for months 4-6. In addition, the curve would be extended with a new season 5. The additional assessments would be available along with the existing daily forward assessments in the forward curve add-on to Platts Natural Gas Alert and through Platts Market Data in category GN. Please provide feedback or submit questions by August 24 to Brian Jordan at brian_jordan@platts.com with a cc to pricegroup@platts.com.