SUBSCRIBER NOTE: Platts to extend JKM swaps forward curve assessments

S&P Global Platts is seeking feedback on a proposal to launch on November 1 two additional assessed periods to the JKM swaps curve.

The extended JKM swaps forward curve will cover the front two quarters. For example, in H1 November 2016, Platts would assess the JKM forward curve periods: January, February, March, Q1 2017 and Q2 2017. In H2 November, the forward curve periods would be: February, March, April, Q2 2017 and Q3 2017.

Price assessments will be published on the following Platts services: Natural Gas Alert (NGA), Platts LNG Daily and Platts Market Data.

Frequency: The Platts JKM swap assessment is published each business day and reflects market values prevailing at the close of Asian markets, at 4:30 pm Singapore time/5:30 pm Japan/Korea time (0830 GMT). On certain days ahead of a Singapore public holiday, such as Christmas Eve and New Year's Eve, Platts assesses the MOC price earlier than normal, typically at 12:30 pm Singapore time (0430 GMT). The assessment is published following editorial engagement with market participants such as producers, consumers, traders, brokers, shippers and other active spot market participants.

Unit: All prices are quoted in US dollars per million British Thermal Units ($/MMBtu) to three decimal places.

Volume: Swaps assessments reflect a standard clip size of 10,000 MMBtu.

Please send all questions and feedback to desmond.wong@spglobal.com and lng@platts.com and copy price methodology@platts.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.