SUBSCRIBER NOTE: Platts to discontinue republication of Egypt crude official selling prices

In line with changing practices in the Egyptian crude oil market, Platts is discontinuing republication of Official Selling Prices (OSPs) for this market, effective immediately.

This follows receipt of communication from EGPC that the company has now discontinued the publication of crude oil OSPs entirely.

Platts currently republishes OSPs for seven Egyptian crude oil grades, on both a differential and outright price basis. These are:

Grade Name Spread Outright Gulf of Suez AAIPJ00 AAINR00 Belayim AAIPK00 AAINS00 Ras Budran AAIPL00 AAINT00 Ras Gharib AAIPM00 AAINU00 Ras Al Bahar AAIPN00 AAINV00 West Desert AAWIV00 AAWIU00 Zeit Bay AAIPO00 AAINW00

These prices are not Platts assessments, but are produced by EGPC and republished by Platts to provide additional information to the market.

The Platts spot price assessment of Egyptian Suez Blend cargoes, published under codes PCACA00 (outright) and AAGYD00 (differential) will not be affected by this change.

Please send any feedback or questions to europe_crude@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 to the public upon request.