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05 Oct 2015 | 04:58 UTC — London
Platts proposes to launch assessments for 380 CST and 180 CST bunker fuel and Marine Gasoil (MGO) in Offshore Nigeria and the Canary Islands with effect from January 4, 2016. The new assessments would reflect specifications conforming to ISO 8217: 2005. The 380 CST and 180 CST assessments would reflect material with a maximum sulfur content of 3.5%. The Canary Islands MGO assessment would reflect material with a maximum sulfur content of 0.1%. The Offshore Nigeria MGO assessment would reflect material with a maximum sulfur content of 1.5%. Specification and assessment parameters would be detailed in Platts' Europe and Africa Refined Oil Products Methodology and Specifications Guide at the time of launch. The new assessments would reflect material for delivery 1-8 days forward. The new Canary Islands assessments would typically be assessed at parity to Platts' existing Las Palmas/Tenerife assessments. Platts expects to publish these new assessments in Bunkerwire and Marine Alert, with pages and market database symbols to be announced in due course. Platts welcomes all feedback and questions to europe_products@platts.com, with a cc to pricegroup@platts.com. Please send all comments by October 20, 2015. 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.