SUBSCRIBER NOTE: Platts seeks feedback on Japanese yen conversion of JKM

Platts is seeking feedback on a proposal to introduce on October 17, 2016, a Japanese yen conversion of the Platts Japan Korea Marker LNG assessment.

Platts publishes the JKM assessment in $/MMBtu, which represents the average of the two half-month cycles which comprise the first full month of delivery. Only the headline number will be converted into yen.

The conversion will be calculated on a daily basis using a currency exchange rate (symbol AAWFX00) published daily on working days in Singapore.

The addition of yen-converted JKM is to reflect regulatory changes taking place in Japan's domestic gas and power markets and to enhance the usability of JKM within the Japanese market by facilitating the calculation of spark spreads.

Please address any questions or comments by September 16, 2016, to LNGeditorialteam@spglobal.com and copied 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 marked as confidential available upon request.

To see this note and others, please go to http://www.platts.com/subscriber-notes