Platts proposes to update the carbon intensity value for subsidized, unsubsidized Rotterdam Bio-LNG

Platts, part of S&P Global Energy, proposes to update the carbon intensity (CI) for the daily Rotterdam subsidized and unsubsidized bio-LNG bunker fuel price assessments in Rotterdam, effective July 1, 2026.

Platts is proposing to update the CI specification reflected in the sustainability documentation for the assessed material to -30 gCO2e/MJ, with a carbon intensity threshold of +/- 5 gCO2e/MJ.

The assessments would remain feedstock-agnostic, with inclusion based on resulting carbon intensity rather than feedstock type. Material with a carbon intensity above or below this range may still be considered for inclusion in the assessment process, subject to normalization to align with the proposed specification.

This change would apply to both the delivered Rotterdam unsubsidized bio-LNG assessments (BLFAA00, BLFAB00, BLFAC00) and the Rotterdam subsidized bio-LNG assessments (SBLFA00, SBLFB00, SBLFC00).

Platts has observed increasing volumes of bio-LNG bunkered in Rotterdam with a carbon intensity below 21 gCO2e/MJ, reflecting the availability of lower-carbon feedstocks and the emissions profile associated with production and delivery pathways.

This trend is being driven by regulatory developments, including the EU's FuelEU Maritime Regulation, which requires vessels calling at ports within the European Union and European Economic Area to progressively reduce the greenhouse gas (GHG) intensity of fuel used, from a 2% reduction in 2025 to 80% by 2050.

Demand is also being supported by growing interest in vessel pooling arrangements, which provide greater flexibility in managing compliance obligations and optimizing fuel allocation across fleets. At the same time, liquidity and trading activity for negative-carbon-intensity bio-LNG have increased, driven by demand from shipowners and traders seeking to lower fleet-average emissions and capture the additional value associated with lower-carbon and carbon-negative bio-LNG in the Northwest European market.

The assessments are published in Platts LNG Daily, Bunkerwire and Platts LNG Alert pages LNG0860 and LNG0861.

Please send all feedback, comments, and questions to LNGeditorialteam@spglobal.com and pricegroup@spglobal.com by June 15.

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