24 Aug 2018 | 15:14 UTC — London

SUBSCRIBER NOTE: Platts proposes to rename French PEG Nord natural gas assessments

S&P Global Platts is proposing to align its naming convention for its French natural gas market assessments to reflect an industry-wide trading framework change due to take effect November 1, 2018, in line with announcements made by the French Commission de Regulation de l'Energie -- CRE.

On November 1, 2018, the PEG Nord and TRS hubs will merge to form a single gas hub to be named Trading Region France -- TRF. As a result, the PEG Nord assessments would be renamed PEG to reflect these changes and would incorporate all trading activity on the French gas hub.

Platts is proposing the following changes: On October 1, 2018, the PEG Nord month-ahead assessment (GPGTM00) would be renamed PEG month-ahead. On October 31 2018, the PEG Nord day-ahead assessment (GPGTD00) and weekend assessment (GPGTT00) would be renamed PEG day-ahead and PEG weekend.

The above changes would apply to all related symbols, including flow date symbols, currency and unit conversions and monthly averages, and the historical data series for PEG Nord.

Platts is seeking feedback on this proposal by September 3, 2018. Please send any comments or questions to power@pspglobal.com with copy to 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 market as confidential available upon request.