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METHODOLOGY GUIDE<br />
ppm sulfur. This switch prompted a change in the typical<br />
pattern of barge trade from basis Rotterdam to basis Antwerp.<br />
Please submit comments to andrew_bonnington@platts.com,<br />
annalisa_jeffries@platts.com, peter_stewart@platts.com and<br />
Jorge_montepeque@platts.com<br />
29-Nov-05 Platts tightens NWE jet assessment<br />
parameters: Following industry feedback regarding NWE jet fuel<br />
standard specifications, Platts assessment parameters have been<br />
tightened. Platts now reflects jet fuel that meets the Defstan 91<br />
91 5 specification as issued by the UK Ministry of Defence and<br />
the Joint Fueling System Checklist. The Joint Fueling System<br />
Checklist requires jet fuel to meet the more stringent<br />
requirements of Defstan 91 91 5 and the American Society for<br />
Testing & Materials', Standard Specification D 1655-04a. Any<br />
comments should be addressed to Annalisa_jeffries@platts.com<br />
and alan_hayes@platts.com, with a cc to<br />
Peter_stewart@platts.com, and jorge_montepeque@platts.com.<br />
12-Dec-05 E-mails of European Marketscan text files to<br />
end: Subscriber Note: With the end of the year, Platts is nearing<br />
the end of dual e- mail delivery of European Marketscan as both<br />
a PDF file and a text-only file. When Platts introduced the<br />
redesigned European Marketscan in September, we informed<br />
subscribers at that time that long-running text-only version<br />
would be delivered through end-2005. The email European<br />
Marketscan subscibers have been receiving every day since then<br />
have contained a PDF file and a text file of the publicaion. This<br />
text file will no longer be sent to e-mail subscribers after Dec 30.<br />
Customers who receive the text file through third-party<br />
distributors such as Reuters, or from Platts EMIS service, will<br />
continue to receive it. Please contact Platts at<br />
support@platts.com with any further comments or questions.<br />
Please also feel free to contact Platts' editorial staff in Europe for<br />
any comments rega rding the design or nomenclature used in<br />
the new format . A glossary o f thos e changes can be found in<br />
the PDF version of the European Marketscan.<br />
15-Dec-05 Platts invites views on Med gasoil<br />
assessment: SUBSCRIBER NOTE: Platts invites industry views on<br />
whether any changes are required in the parameters for its gasoil<br />
0.2% assessments in the Mediterranean, given that Russian<br />
material which forms the bulk of supply in the region may at<br />
times hold a premium to regular grades for heating oil use only.<br />
Platts is not making any formal proposal at this stage.<br />
Comments/feedback should be addressed by Dec 31 to<br />
Annalisa_Jeffries@platts.com with a CC to<br />
Peter_Stewart@platts.com and Jorge_Montepeque@platts.com<br />
29-Dec-05 Worldscale rates for Med naphtha<br />
calculations: Effective Jan 3, 2006 the Worldscale basket flat rate<br />
used to calculate FOB Mediterranean naphtha will become $9.25.<br />
FOB Med naphtha is assessed as a freight differential to the CIF<br />
Northwest Europe assessment. The actual rate applied to the<br />
netback will fluctuate daily based on changes in Platts UKC-Med<br />
freight assessments for 27.5kt naphtha cargoes, applied against<br />
the $9.25/mt rate. The Worldscale flat rate used to calculate the<br />
CIF MED Naphtha assessment will become $5.67 based on<br />
EUROPEAN PRODUCTS<br />
published freight values between Alexandria and Lavera using<br />
Platts cross-Med clean tanker naphtha assessments.<br />
03-Jan-06 New worldscale rate for Med ULSD<br />
assessments: Effective Jan 3, 2006 the Worldscale basket flat rate<br />
used to calculate FOB Med ULSD assessment will become $7.86.<br />
FOB Med gasoil 0.2% is assessed as a freight differential to the<br />
CIF Med gasoil 0.2% assessment. The actual freight applied to<br />
the netback will fluctuate daily based on changes in Platts BSea-<br />
Med assessments in the clean tanker wire for 30kt cargoes,<br />
applied against the $7.86/mt rate. Please note that the actual<br />
routes used in the calculation are unchanged from 2005, the rate<br />
change simply reflects the new Worldscale flat rates that became<br />
effective in the New Year. Please email<br />
lzbieta_rabalaska@platts.com, with cc to<br />
Annalisa_jeffries@platts.com for further details if required.<br />
03-Jan-06 New worldscale rate for Med diesel<br />
assessments: Effective Jan 3, 2006 the Worldscale basket flat rate<br />
used to calculate FOB Med diesel 50ppm assessment will become<br />
$5.20. FOB Med ULSD is assessed as a freight differential to the<br />
CIF Med diesel 50ppm. The actual freight applied to the netback<br />
will fluctuate daily based on changes in Platts Med-Med<br />
assessments in the clean tanker wire for 30kt cargoes, applied<br />
against the $5.20/mt rate. Please note that the actual routes used<br />
in the calculation are unchanged from 2005, the rate change<br />
simply reflects the new Worldscale flat rates that became<br />
effective in the New Year. Please email<br />
Andrew_bonnington@platts.com, with cc to<br />
Annalisa_jeffries@platts.com for further details if required.<br />
03-Jan-06 New worldscale rate for NWE diesel<br />
assessments: Effective Jan 3, 2006 the Worldscale basket flat rate<br />
used to calculate FOB NWE diesel 50ppm will be $5.75/mt, FOB<br />
NWE gasoil 0.2% $5.57/mt, FOB NWE diesel 50ppm UK<br />
$5.10/mt, and FOB NWE diesel 10ppm $4.69/mt. All diesel and<br />
gasoil FOB NWE assessments are assessed as a freight differential<br />
to the CIF NWE assessments. The actual freights applied to the<br />
netback will fluctuate daily based on changes in Platts cross<br />
UKC-UKC assessments in the clean tanker wire, applied against<br />
the respective 2006 flat rates. Further details are available on<br />
request. Please note that the actual routes used in the calculation<br />
are unchanged from 2005, the rate change simply reflects the<br />
new Worldscale flat rates that became effective in the New Year.<br />
Please email Andrew_bonnington@platts.com, and<br />
Elzbieta_rabalaska@platts.com with cc to<br />
Annalisa_jeffries@platts.com for further details if required.<br />
03-Jan-2006 Effective Jan 3, 2006 the Worldscale basket<br />
flat rate used to calculate FOB Med ULSD assessment will<br />
become $7.86. FOB Med gasoil 0.2% is assessed as a freight<br />
differential to the CIF Med gasoil 0.2% assessment. The actual<br />
freight applied to the netback will fluctuate daily based on<br />
changes in Platts BSea-Med assessments in the clean tanker wire<br />
for 30kt cargoes, applied against the $7.86/mt rate. Please note<br />
that the actual routes used in the calculation are unchanged<br />
from 2005, the rate change simply reflects the new Worldscale<br />
flat rates that became effective in the New Year. Please email<br />
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