Platts launches Belgian ZTP natural gas assessments Sept. 30

S&P Global Platts has introduced new assessments for natural gas at the Zeebrugge Trading Point area (ZTP), Belgium, effective Sept. 30, 2021.

The new daily assessments reflect physical day-ahead and month-ahead delivery of gas, and are based upon data collected from surveying market participants. Platts also publishes assessments for weekend contracts on the last working day of the week, and daily contracts for public holidays.

ZTP prices are assessed in Eur/MWh, and are converted into $/MMBtu, p/th and Eur/Gj, using standard conversion factors (https://www.spglobal.com/platts/PlattsContent/assets/files/en/conversiontables/conversion_factors.pdf) and prevailing foreign exchange rates at the time of the assessment.

The new assessments reflect the value at the close of the market at 16:30 London time and follow the UK publishing schedule.

Platts publishes ZTP assessments daily on the Natural Gas Alert and European Gas and Power news wires (fixed pages PGN0824, PEP0648, PEP0865, PEP0867, PEP0873 and PEP0875) and in the European Gas Daily publication alongside its Zeebrugge Beach natural gas prices.

The published prices and their respective symbols are as follows (in the order of Eur/MWh, p/th, $/MMBtu, Eur/GJ, $/1000 cu m):

Belgian ZTP Day Ahead: ZTPTD00, ZTPVD00, ZTPWD00, ZTPUD00

Belgian ZTP Month Ahead: ZTPTM00, ZTPVM00, ZTPWM00, ZTPUM00

Belgian ZTP Weekend: ZTPTW00, ZTPVW00, ZTPWW00, ZTPUW00

Belgian ZTP Day Ahead (flow date): ZTPTD21, ZTPVD21, ZTPWD21, ZTPUD21

Belgian ZTP Day Ahead Monthly Average: ZTPTD03, ZTPVD03, ZTPWD03, ZTPUD03, ZTPZD03

Belgian ZTP Day Ahead Monthly Average (flow date): ZTPTD05, ZTPVD05, ZTPWD05, ZTPUD05, ZTPZD23

Belgian ZTP Month Ahead Monthly Average: ZTPTM03, ZTPVM03, ZTPWM03, ZTPUM03, ZTPZM03

Belgian ZTP Day Ahead +1: ZTPTD27, ZTPVD27, ZTPWD27, ZTPUD27

Belgian ZTP Day Ahead + 2: ZTPTD28, ZTPVD28, ZTPWD28, ZTPUD28

Belgian ZTP Day Ahead + 3: ZTPTD29, ZTPVD29, ZTPWD29, ZTPUD29

The full description of the existing natural gas methodology in Europe can be found here:

Specifications: https://www.spglobal.com/platts/en/our-methodology/methodology-specifications/natural-gas/european-gas-methodology;

Methodology: https://www.spglobal.com/platts/plattscontent/_assets/_files/en/our-methodology/methodology-specifications/platts-assessments-methodology-guide.pdf

Platts publication schedule can be found here: https://www.spglobal.com/platts/en/our-methodology/holiday.

Please send comments or questions to EGDeditors@spglobal.com and pricegroup@spglobal.com.