Platts clarifies standard deadline for same-country delivery port nominations in JKM LNG MOC

Platts, part of S&P Global Commodity Insights, wishes to clarify the standard nomination deadline for the substitution of a delivery port within the same country for cargoes reflected in the JKM benchmark for the Asia Pacific LNG Market on Close assessment process.

Buyers have the option to substitute a delivery port within the same country up to 15 days before the final delivery window, subject to ship shore compatibility study (SSCS).

Platts continues to publish bids, offers and trades with buyer's option to substitute a delivery port within the same country up to 15 days before the initial delivery window, and these are subject to normalization.

For bids, offers and trades reported via the eWindow communication tool, market participants should state clearly in the TQC field whether the substitution of delivery port within the same country would be made up to 15 days before the final delivery window, or before the initial delivery window.

Platts continues to publish bids, offers and trades with delivery port nomination deadlines within the same country 20 days before the final delivery window, and these are subject to normalization.

Please send all feedback, comments and questions to LNGeditorialteam@spglobal.com and 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 make comments not marked as confidential available upon request.