SUBSCRIBER NOTE: Platts to introduce Troll crude Quality Premium from April 2019 loadings

Following the introduction of Troll as part of the Dated Brent assessment for cargoes loading from January 2018, Platts will introduce a Troll Quality Premium (QP) to complement existing QPs for Oseberg and Ekofisk for cargoes loading from April 2019.

The methodology for the Platts Quality Premiums is in the Platts Crude Oil Methodology Guide available here: https://www.spglobal.com/platts/en/our-methodology/methodology-specifications /oil/crude-oil-methodology

This follows on from a proposal made September 20, 2018 and available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/092018-pl atts-proposes-to-launch-troll-crude-quality-premium-from-apr-loading.

The methodology used to determine the QP applicable to Troll deliveries would follow the existing methodology established for Oseberg and Ekofisk, and would be applicable to Troll cargoes nominated for loading from April 2019 onwards.

As with Oseberg and Ekofisk, the Quality Premium for Troll would be published at 60% of the net price difference between Troll and the most competitive grade of crude among Brent, Forties, Oseberg, Ekofisk and Troll for the full month prior to announcement.

Please send all further comments, feedback and questions to oilgroup@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.