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Platts-ICE Forward Curve - Natural Gas is a comprehensive
and independent view of forward pricing in the North American natural gas market
and provides the marketplace with a complete and independently-derived set of
curves tailored to meet the growing risk-management needs of the trading community.
The Platts-ICE Forward Curve - Natural Gas includes daily assessment
of the financial basis swap market at 20 key trading hubs and extends out nearly
three years.
The product combines the data-gathering power and expertise of both Platts
and Intercontinental Exchange (ICE). Platts gathers information on the forward
market through the non-commercial departments of companies, from discussions
with traders and brokers active in the market, and then incorporates gas forward
trading activity from ICE, including transactions and bids and offers.
Platts experts co-mingle the data under established methodologies to formulate
the daily assessments.
The market-on-close assessments reflect values in the financial basis-swap
market at the 20 locations at the 2:30 pm EPT close of open outcry trading of
the New York Mercantile Exchange Henry Hub gas futures contract, which allows
the assessments to line up and be compared with the NYMEX Henry Hub contract
settlement prices.
Assessments are expressed both in basis values (plus of minus the NYMEX gas
futures contract) and full-value equivalents.
Packages:
Daily assessments and associated ranges are formulated for the prompt month,
second month, third month, four full seasons, and three calendar years. Seasonal
packages are the November-March winter package and the April-October summer
package.
Daily assessments and associated ranges are formulated for the these key gas
trading hubs:
- Algonquin city-gate
- Transco 6 N.Y.
- Texas Eastern, M-3
- Columbia Gas, Appalachia
- Transco, zone 3
- Florida Gas, zone 3
- Trunkline, LA
- Chicago city-gates
- MichCon city-gate
- Panhandle, Tx.-Oklahoma
- Houston Ship Channel
- Waha
- El Paso, Permian Basin
- El Paso, San Juan Basin
- PG&E city-gate
- Northwest, Rocky Mountains
- SoCal Gas
- Northwest, Canadian Border (Sumas)
- Dawn, Ontario
- TCPL Alberta, AECO-C
Platts-ICE - Forward Curve Natural Gas allows you to run daily mark-to-market
validation, aid internal auditing and support portfolio risk metrics such as:
- Value-at-risk
- Stress Testing
Risk disaggregation
Platts has developed partnerships with leading network and software providers
to create tailor-made solutions for integrating Platts information with your
operation.
Call us today for your free demonstration and to arrange for a free trial.
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