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08 Oct 2014 | 06:06 UTC — Houston
Following an initial review of market conditions, Platts is seeking formal feedback on a proposal to add a monthly listing to its monthly bidweek North American spot-price for Transcontinental Gas Pipeline Corp., zone 5 delivered.
Platts is proposing to add the new listing on January 2, 2015, covering late December bidweek trading for January delivery. Trading in the delivered monthly market in Transco's zone 5, which extends from the Georgia/South Carolina border to the Virginia/Maryland border, has demonstrated a level that will support a robust pricing location. Platts already publishes daily spot-gas prices for this location.
The new monthly location would appear in the "Northeast" section of the "Market Center Spot Gas Prices" table in Inside FERC's Gas Market Report, Energy Trader, Gas Daily Price Guide and Platts Natural Gas Alert pages 433 and 495. Additionally, the new listing would appear in the "Northeast" section of the "Market Center Bidweek Physical Basis Prices" table in Inside FERC's Gas Market Report.
The description for the daily spot-gas point as published in the Platts methodology and specifications guide is as follows:
Transco, zone 5 delivered Deliveries from Transcontinental Gas Pipe Line on the 30-inch, 36-inch and 42-inch lines from the Georgia/South Carolina border to the Virginia/Maryland border. Deliveries into Transco at the Pleasant Valley receipt point near Fairfax, Va., from Dominion's Cove Point LNG terminal are not included.
Please send all comments to gas_survey_comments@platts.com and pricegroup@platts.com by October 24, 2014. 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.