31 Aug 2021 | 13:40 UTC

Platts to add Italy's Augusta to ports reflected in FOB Med Premium Unleaded 10ppm gasoline cargo assessment

S&P Global Platts will expand the list of ports reflected in its Market on Close assessment process for FOB Mediterranean Premium Unleaded 10ppm Gasoline cargoes, effective Oct. 1, 2021, to include Augusta in Italy.

Platts understands that Augusta is an active export location for gasoline, connected to two large-capacity refineries. The port is understood to be suitable to load Medium Range tankers and has a storage capacity of around 4 million cu m.

Platts first proposed the addition of Augusta to the list of ports reflected in the MOC process for FOB Mediterranean Premium Unleaded 10 ppm gasoline cargoes in a subscriber note published Aug. 13, 2021: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/081321-platts-proposes-adding-augusta-to-ports-reflected-in-the-fob-med-premium-unleaded-10ppm-gasoline-cargo-assessment

Platts currently publishes bids and offers in this market for the following locations:

Croatia: Rijeka;

Cyprus: VTT Vasiliko;

Greece: Aspropyrgos, Thessaloniki;

Italy: Falconara, Genoa, Milazzo, Santa Panagia Bay, Sarroch;

Malta: Malta;

Morocco: Tangier Med;

Spain: Barcelona, Castellon

The FOB Med Premium Unleaded gasoline cargo assessment is published in Platts European Marketscan, on Platts Global Alert page 1320, as well as in the Platts price database under the code AAWZA00. Please send any further feedback or comments to Europe_Products@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.