SUBSCRIBER NOTE: Platts to calculate compensation under Russian dampening mechanism

S&P Global Platts will begin publishing daily calculations for gasoline and diesel compensation under Russia's dampening mechanism, effective February 3, 2020.

The decision follows a proposal note sent on October 17, 2019, which can be found here:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/101719-pl atts-proposes-to-calculate-compensation-under-russian-dampening-mechanism

The calculations for the gasoline compensation will be based on Platts Eurobob ARA barge assessment (AAQZV00), the clean Baltic-UKC freight rate (TCAFL00), transshipment cost at the Baltic Sea port of Vysotsk, export duty, excise duty and VAT, as well as the indicative price and coefficient used by Russia's authorities.

The calculations for the diesel compensation will be based on Platts ULSD CIF NWE Cargo assessment (AAVBG00), the clean Baltic-UKC freight rate (TCAFL00), transshipment cost at the Baltic Sea ports of Primorsk and St. Petersburg, export duty, excise duty and VAT, as well as the indicative price and coefficient used by Russia's authorities.

Please send any comments or questions to europe_products@spglobal.com and pricegroup@spglobal.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.