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01 Nov 2016 | 05:43 UTC — Houston
Effective November 1, 2016, Platts has discontinued its assessment for Buckeye Pipeline No. 2 gasoil in New York Harbor, following Buckeye Pipeline's notification that it will no longer complete regular shipments of No. 2 heating oil (gasoil).
The discontinuation was proposed May 5, 2016, and announced as a decision in a subscriber note published May 24, 2016.
The decision to discontinue this assessment follows Buckeye Pipeline's decision to halt nominations of No. 2 heating oil on its pipeline to allow for compliance with Pennsylvania regulations. Starting July 1, 2016, Pennsylvania plans to introduce new maximum sulfur level standards for heating oil.
For a complete list of all affected assessments and their database codes, please see the table below. These assessments are also published on Platts Global Alert page 482 and in the US Marketscan and Oilgram Price Report.
ASSESSMENT CODE MONTHLY AVERAGE Gasoil No. 2 New Jersey Buckeye pipeline AAJNP00 AAJNQ00
For any comments or questions please contact Americas_products@platts.com and pricegroup@platts.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 will make comments not marked as confidential available upon request.