Platts, part of S&P Global Energy, has launched new assessments for the spread between LNG and European pipeline gas prices, involving its physical half-monthly NWE assessments and its DES NWE derivatives at the close of European markets, 4:30 pm London time, effective Nov. 24.

This follows increased market interest in understanding the prevailing price difference between LNG and European gas prices.

The new assessments include:

• The price difference between the relevant-month Dutch TTF and Platts DES NWE 0 Half-Month .

• The price difference between the relevant-month Dutch TTF and Platts DES NWE 1 Half-Month .

• The price difference between the relevant-month Dutch TTF and Platts DES NWE 2 Half-Month .

• The price difference between the relevant-month Dutch TTF and Platts DES NWE 3 Half-Month .

Additionally, the price difference between the relevant Dutch TTF in $/MMBtu and the equivalent seasons, quarters and calendar years of NWE derivative assessments:

• LNG DES NWE Financial Q01 vs Dutch TTF Financial Q01 $/MMBtu .

• LNG DES NWE Financial Q02 vs Dutch TTF Financial Q02 $/MMBtu .

• LNG DES NWE Financial S01 vs Dutch TTF Financial S01 $/MMBtu .

• LNG DES NWE Financial S02 vs Dutch TTF Financial S02 $/MMBtu .

• LNG DES NWE Financial Y01 vs Dutch TTF Financial Y01 $/MMBtu .

• LNG DES NWE Financial Y02 vs Dutch TTF Financial Y02 $/MMBtu .

• LNG DES NWE Financial Y03 vs Dutch TTF Financial Y03 $/MMBtu .
Source: Platts