16 Oct 2017 | 09:19 UTC — Tokyo

SUBSCRIBER NOTE: Platts extends JKM swaps forward curve assessments

S&P Global Platts has launched from October 16, 2017 a Calendar Year assessment extension to the JKM swaps forward curve.

The Calendar Year assessment will roll over on the first business day of the year. For example, the Cal 18 JKM swaps assessment will roll into Cal 19 on January 2, 2018. Price assessments will be published on the following Platts services: Natural Gas Alert (NGA), Platts LNG Daily and Platts Market Data. Frequency: The Platts JKM swap assessment is published each business day and reflects market values prevailing at the close of Asian markets, at 4:30 pm Singapore time / 5:30 pm Japan/Korea time (0830 GMT).

On certain days ahead of a Singapore public holiday, such as Christmas Eve and New Year's Eve, Platts assesses the MOC price earlier than normal, typically at 12:30 pm Singapore time (0430 GMT).

The assessment is published following editorial engagement with market participants such as producers, consumers, traders, brokers, shippers and other active spot market participants.

The symbol code for the Calendar Year JKM swaps assessment is: LJKYR01 Unit: All prices are quoted in dollars per million British Thermal Units ($/MMBtu) to three decimal places.

Volume: Swaps assessments reflect a standard clip size of 10,000 MMBtu. Please send any questions and feedback to desmond.wong@spglobal.com and lng@spglobal.com and copy pricemethodology@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make those not marked as confidential available upon request.