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Platts clarifies project commissioning cargoes in its LNG price assessments

S&P Global Platts LNG price assessments reflect cargoes that are widely merchantable.

Platts wishes to clarify that its global LNG price assessments therefore do not reflect the commissioning cargoes from a new LNG project site.

This applies to bids, offers and trades published during the Platts LNG Market on Close (MOC) assessment process, meaning that neither base loading port stated in offers, nor loading port nominations for trades reported via the MOC process should be against LNG liquefaction sites yet to load an LNG cargo, or whose cargo specifications are still unknown to the wider market.

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