SUBSCRIBER NOTE CORRECTION: Platts to amend sulfur limit in Asian, African MGO/MDO assessments to 0.5%

(Corrects codes on Lome and Offshore Nigeria assessments)

S&P Global Platts will lower the sulfur limit to 0.5% for certain delivered marine gasoil and marine diesel oil assessments in Asia and Africa that currently reflect higher sulfur standards, effective December 2, 2019.

The change comes ahead of the planned introduction of a new 0.5% sulfur limit in marine fuels by the International Maritime Organization starting January 1, 2020.

Platts first proposed the changes September 9, 2019: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/090919-pl atts-proposes-to-amend-sulfur-limit-in-asia-africa-mgomdo-assessments

The change will be applicable to the assessments listed below in Asia and Africa that currently reflect 1.5% sulfur standards for MGO and 2% for MDO. The assessments will continue to reflect specifications conforming to DMA ISO 8217:2010 for MGO and DMB ISO 8217:2010 for MDO but with sulfur limit of maximum 0.5%.

Following the change, the names of these assessments will change to reflect 0.5% sulfur, from the existing 1.5% or 2%.

MGO 1.5% Singapore AALMZ00 MGO 1.5% Sydney AARKF00 MGO 1.5% Melbourne AARKG00 MGO 1.5% Mumbai AASSI00 MGO 1.5% Colombo AARKK00 MGO 1.5% Fujairah AARKH00 MGO 1.5% Khor Fakkan AARKI00 MGO 1.5% Kuwait AAXCV00 MGO 1.5% South Korea AAVBN00 MGO 1.5% Busan AARKJ00 MGO 1.5% Shanghai AARKE00 MDO 2.0% Japan POACI00 MDO 2.0% West Japan AARKA00 MGO 1.5% Lome AAYJL00 MGO 1.5% Offshore Nigeria AARKL00

Please send all questions or comments to oilgroup@spglobal.com and pricegroup@spglobal.com.

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