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S&P Global Platts launches Heards website for LNG market information


Free website will include trades, firm bids/offers and heards from across the LNG market
Brings further price transparency to the LNG spot market



SINGAPORE (13 April 2018) – S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced that it has launched a dedicated and freely available website to distribute LNG market information throughout the trading day.



Confirmed trades, firm bids and offers, tender announcements and transactional activity heard across the market will be published on the Platts LNG MOC website. Information on fundamentals in the LNG cargo and freight markets, as well as related markets may also be published.



Francis Browne, editorial director Gas & Power, Energy Price Group at S&P Global Platts said: “LNG trading is witnessing strong growth in terms of volumes but also in the number of active participants. The launch of the new Platts LNG MOC website will bring additional price transparency to LNG spot trading, further supporting the growth of the industry.”



Platts LNG price assessments are built on the Platts Market-on-Close (MOC) methodology, a highly-transparent price assessment process based on the principle that price is a function of time. The MOC process identifies bid, offer and transaction data by company and results in a time-sensitive, end-of-trading-day daily price assessment. For more information, visit this methodology and specification page of the Platts website.



To access the new Platts LNG MOC website, register here.


S&P Global Platts Media Contact update

Americas: Kathleen Tanzy, + 1 917 331 4607, kathleen.tanzy@spglobal.com
EMEA and Asia: Alex Brog, +44 20 7176 7645, alex.brog@spglobal.com and Arnaud Humblot, +44 20 7176 6685, arnaud.humblot@spglobal.com

About S&P Global Platts

At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit https://www.spglobal.com/platts/en



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