SUBSCRIBER NOTE: Freight netback for Urals ex-Baltic in 2017

Effective January 3, 2017, the Worldscale basket flat rate used to calculate the freight netback to the Urals CIF Rotterdam assessment for Urals ex-Baltic will be $6.50/mt.

The basket of Baltic ports covers routes from Primorsk, Ust-Luga and Gdansk.

The flat rate will be adjusted using the worldscale rate published in the Platts Dirty Tankerwire for a 100,000 mt Aframax Baltic to UKC route. The conversion factor applied will be 7.23. Rotterdam harbor dues will be $0.12/barrel.

Please send any comments 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 upon request.