22 Dec 2021 | 05:54 UTC

Platts clarifies consideration of TTF-related information during early APAC LNG market closes

S&P Global Platts wishes to clarify that Dutch Title Transfer Facility (TTF) related floating physical bids and offers will not be reflected in the Asia-Pacific LNG Market on Close assessment process during days with early close.

Platts in Asia would typically close its MOC process early on certain days according to its published holiday schedule, and all assessments would be basis 12:30 pm Singapore time (0430 GMT).

This clarification is based on Platts observation that TTF-related activity is typically limited during Asia noon time.

Platts will continue to prioritize physical floating price bids, offers and trades based on the relative transparency of the bids, offers and trades reported to Platts on related benchmark derivative instruments (https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/100621-platts-clarifies-prioritization-determination-of-floating-prices-in-lng-moc).

Please send any questions, comments or feedback to LNGeditorialteam@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.