Final reminder of new balance-of-month gas assessments

Following market consultation, Platts will add balance-of-the-month assessments to the Platts-ICE Forward Curve Natural Gas North America effective September 29.

Balance-of-the-month assessments will be added for all 28 locations for which Platts currently provides daily forward assessments.

For a list of those locations, see the forward curve methodology on platts.com at http://bit.ly/FwdCurveGas.

The balance-of-the-month product covers the period beginning with the business day after the current day-ahead package and running through the end of the month.

Platts will use the same market-on-close methodology used for its current daily forward gas assessments, with assessments of the balance-of-the-month reflecting the transactable value at 2:30 pm Eastern Prevailing Time.

Unlike daily forward assessments, balance-of-the-month prices are commonly expressed as fixed prices rather than basis values, and the Platts assessments will be expressed in fixed-price values.

The new balance-of-the-month assessments will be available along with the existing daily forward assessments in the forward curve add-on to Platts Natural Gas Alert and via Platts Market Data in category GN.

For questions, please contact Mike Wilczek, mike_wilczek@platts.com with a cc to pricegroup@platts.com.