Platts now reflecting 5,000 cu m barges loading 7-20 days forward in Rotterdam LNG bunker fuel assessments

S&P Global Platts is reflecting 5,000 cubic meter barge trades loading 7-20 days forward in its Rotterdam LNG Bunker Fuel assessments as of Aug. 17, 2020.

This follows on from a decision published July 7 and available in LNG Daily and on the Platts website here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/070720-platts-to-reflect-5000-cu-m-barges-loading-7-20-days-forward-in-rotterdam-lng-bunker-assessments

In making this change, Platts defines more specifically the terms it reflects around the loading periods and volume for LNG as marine bunker loadings from Rotterdam.

Platts will continue to consider other trade volumes in its Rotterdam LNG bunker assessment, recognizing that a wide range of trade volumes take place in this developing market space. Other trade volumes will be normalized to the base volume of 5,000 cubic meters using market-derived normalization factors.

Platts publishes its Rotterdam LNG bunker assessment in Eur/MWh and $/mt in the Platts pricing database under the symbols LNBRT00 and LNBRM00 respectively. They appear in Platts LNG Daily, Platts Bunkerwire, Platts Platform, on Platts Gas Alert page PGN 860 and on Platts LNG Alert LNG 860.

Platts is continually seeking feedback around quality, loading periods and loading volumes in the LNG Bunker market across Europe, and is actively considering expanding its suite of LNG bunker assessments based on market trends.

Please submit questions and feedback to LNGeditorialteam@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.