Platts to amend basis of Middle East Marker LNG assessment

In line with changing LNG trade flows, S&P Global will change the basis of the Middle East Marker (MEM) to ports in the Arabian Gulf from December 3, 2018. These will include Mina Al Ahmadi, Kuwait, Jebel Ali, UAE and Ruwais, UAE.

This follows a proposal published September 20, 2018: https://www.platts.com.es/subscriber-notes-details/21162469

The basis of the assessment will be changed from the Egyptian port of Ain Sukhna -- the region's previously most active import terminal -- as deliveries have fallen dramatically since the launch of the MEM in 2017.

Platts invites all questions and feedback to lng@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.