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LNG
September 27, 2023
Platts, part of S&P Global Commodity Insights, corrected the price reference for a DES JKTC traded offer reported in its Sept. 26 Platts LNG Asia JKM Rationale & Exclusions.
The sentence should read as follows:
During the physical Platts Market on Close assessment process from S&P Global Commodity Insights, Shell sold to Vitol a 3.4 TBtu cargo for Nov. 1-3 DES JKTC at a discount of $0.15/MMBtu to JKM November Balance Month-Next Day, which was equivalent to a fixed price of $14.74/MMBtu at the time of trade, 4:28:35 pm Singapore time.
The Platts LNG Asia JKM Rationale & Exclusions appears in LNG Daily, on Platts Dimensions Pro, as well as LNG and PGN alert pages.