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Platts launches WIM RLNG India prices

S&P Global Platts has launched daily prices for West India Marker (WIM) regasified LNG (RLNG) India on both an ex-terminal and delivered basis for various locations, effective Nov. 16, 2020.

The pricing period for the WIM RLNG prices matches that of the WIM assessment (AARXS00). For example, between Nov. 16, 2020, and Dec. 15, 2020, Platts will publish WIM RLNG prices for January 2021.

Daily prices are published in both Indian Rupee/MMBtu and $/MMBtu, using the daily USD/INR (AAFGW00) exchange rate at 4:30 pm Singapore time, and appear on Platts LNG Daily and Liquefied Natural Gas Alert LNG0832.

Ex-terminal prices are published daily for the following five locations and one average and under the following codes:

Ex-terminal prices
$/MMBtu
INR/MMBtu
Dahej
RLEDA00
RLEIA00
Hazira
RLEDB00
RLEIB00
Dabhol
RLEDC00
RLEIC00
Mundra
RLEDE00
RLEEI00
Kochi
RLEDD00
RLEDI00
Average
RLEDF00
RLEIF00

The ex-terminal prices are calculated using the daily Platts WIM assessment plus the costs of prevailing import duties, re-gasification fees and GST (Goods and Services Tax) on regasification fees, and re-gasification volume loss.

Delivered prices are published daily for the following 11 locations and one average and under the following codes:

Delivered prices
$/MMBtu Code
INR/MMBtu Code
Ahmedabad
RLDDJ00
RLDIJ00
Morbi
RLDDK00
RLDIK00
Panvel
RLDDL00
RLDIL00
Dabhol
RLDDC00
RLDIC00
Vijaipur
RLDDM00
RLDIM00
Kota
RLDDN00
RLDIN00
Chhainsa
RLDDO00
RLDIO00
Jagdishpur
RLDDP00
RLDIP00
New Delhi
RLDDQ00
RLDIQ00
Koottanad
RLDDR00
RLDIR00
Kakinada
RLDDS00
RLDIS00
Average
RKDDT00
RLDIT00

Delivered prices are calculated using ex-terminal prices from the nearest terminal as per the existing natural gas pipeline infrastructure, in addition to the transportation tariffs as published by India's Petroleum and Natural Gas Regulatory Board, and GST on transportation fees.

Neither the ex-terminal nor the delivered prices include marketing margin and sales taxes.

Calculations are periodically reviewed to ensure the inputs reflect prevailing market dynamics.

Please submit any additional questions and feedback to lngeditorialteam@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.