BLNG Family
LNG Consultation regarding Fuel Change
 
Following consultation with the market and panellists, the Baltic recommends that the fuel component of the BLNG calculation is changed from marine fuel (MF) to liquified natural gas (LNG).  The change in fuel reflects the current market practice and is recognised as a transition fuel in the decarbonisation journey.
 
Please find attached the full consultation document here (which is also available on the Baltic website). The Baltic requests all replies or comments by 8 December 2020.
 
Feedback received by the Baltic through its consultation process to date (which remains ongoing) will be presented at an LNG Forum which will take place on 11 December 2020. The resulting feedback will contribute to recommendation put before the Baltic Index Council (BIC). The BIC is responsible for the final decision.
 

If you have trouble accessing a copy of the Consultation paper please contact: jpendered@balticexchange.com