Platts, part of S&P Global Commodity Insights, is proposing to launch 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. 17.

This follows increased market interest in understanding the prevailing price difference between LNG and European gas prices.
The new assessments will include:
• The price difference between the Dutch TTF and Platts DES NWE 0 Half-Month (LNNDA00).
• The price difference between the Dutch TTF and Platts DES NWE 1 Half-Month (AASXV00).
• The price difference between the Dutch TTF and Platts DES NWE 2 Half-Month (AASXW00).
• The price difference between the Dutch TTF and Platts DES NWE 3 Half-Month (AASXX00).
• Additionally, the price difference between the relevant Dutch TTF in $/MMBtu and the equivalent seasons, quarters and calendar years of NWE derivative assessments:

o LNG DES NWE Financial Q01 vs Dutch TTF Financial Q01 $/MMBtu
o LNG DES NWE Financial Q02 vs Dutch TTF Financial Q02 $/MMBtu
o LNG DES NWE Financial Summer vs Dutch TTF Financial Summer $/MMBtu
o LNG DES NWE Financial Winter vs Dutch TTF Financial Winter $/MMBtu
o LNG DES NWE Financial Y01 vs Dutch TTF Financial Y01 $/MMBtu
o LNG DES NWE Financial Y02 vs Dutch TTF Financial Y02 $/MMBtu
o LNG DES NWE Financial Y03 vs Dutch TTF Financial Y03 $/MMBtu
Source: Platts