BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR PRIVACY & COOKIE NOTICE
X
Skip Navigation LinksHome|News & Analysis|Videos| Platts seeks feedback on increasing specifics of quality and location of JKM

Methodology video


Platts seeks feedback on increasing specifics of quality and location of JKM

With Marc Howson, senior managing editor, LNG

June 15, 2017 00:00:00 EST (4:09)

As the global LNG market evolves and pricing becomes more precise, S&P Global Platts is seeking feedback on its proposal to increase the specifics of both the quality and location of Platts JKMTM. JKMTM is the LNG benchmark price for spot physical cargoes referenced in contracts both in northeast Asia and globally. Platts proposes to normalize JKMTM to a gross heating value, or GHV, of 1,075 Btu/scf. In addition, Platts proposes to normalize JKMTM to delivery Tokyo Bay, which is by far Japan's busiest LNG port with large volumes of LNG regasification capacity.


Platts is proposing to implement both of these changes to the current JKMTM methodology from September 18, 2017. Platts continues to invite any comments or feedback to LNGeditorialteam@spglobal.com and copied to pricemethodology@spglobal.com by July 24, 2017.


Subscriber notes:


Platts proposes to normalize JKM to a calorific value of 1,075 Btu/scf
Platts proposes to normalize JKM to delivery Tokyo Bay

Platts Email

Request a free trial of: LNG DailyLNG Daily
LNG Daily

LNG Daily is essential reading as LNG supply dynamics continue to change in big markets like Japan, China, India and the U.S. This premier independent news publication for the global LNG industry gives readers information on every aspect of the global market from new LNG supply projects to gas quality issues.

Request a trial to LNG Daily Request More Information




Video Requirements

Download Flash plug-in


Copyright © 2018 S&P Global Platts, a division of S&P Global. All rights reserved.