• Platts Launches LNG Gulf Coast Marker
  • June 21, 2016
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • S&P Global Platts (Platts) [subscription] announced that it will launch the LNG Gulf Coast Marker (GCM), “a daily LNG assessment reflecting the value of spot LNG exported from the US Gulf Coast, on a FOB basis, expressed in US$/MMBtu.” Platts will also add new freight route costs from the US Gulf to destinations on its existing freight route cost table which “will reflect the most economical route at the time of publication[,]” with navigation options of the Suez Canal, the Cape of Good Hope, and eventually the Panama Canal.