01 Sep 2011 | 12:21 UTC — London

New European gas price assessments effective September 1

Platts today, September 1, launches the publication of extended European gas forward assessments by adding: for the UK NBP, two more seasons and a calendar year; for the Dutch TTF, weekend and two more seasons; for GASPOOL and PEG Nord one quarter ahead, one season ahead and one year ahead; for the PSV one quarter ahead and one season ahead; for NetConnect Germany one quarter ahead.

The development of the markets means that there is now sufficient liquidity in these products and adding them will bring additional transparency to the continental European gas markets.

We will publish assessments each UK working day, in Eur/MWh, p/th and $/MMBtu, applying the same Market on Close methodology as for all other European gas assessments.

The prices will be published in European Gas Daily, on our real-time service European Power Alert and in the Platts database.

Please address any comments to power@platts.com with a copy to pricegroup@platts.com.