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28 Aug 2018 | 14:51 UTC — London
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 French TRS assessments would be discontinued. All reported trading activity on the French gas hub would now form part of the Platts French PEG assessment.
For the French TRS market, Platts is proposing the following changes:
On October 1 2018, the French TRS month-ahead assessment (GPSTM00) would be discontinued.
On October 31, 2018, the French TRS day-ahead assessment (GPSTD00) and the weekend assessment (GPSTT00) would be discontinued.
The above changes would apply to all related symbols, including flow date symbols, currency and unit conversions and monthly averages, and to the historical data series for TRS.
Platts is seeking feedback on this proposal by September 3, 2018. Please send any comments or questions to power@spglobal.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.