Platts Channel Partner


Calendar Symbol

July 12, 2018

Location Symbol


S&P Global Platts

Finding a better blend: the continuing evolution of Asian fuel markets

Asia’s oil industry must navigate a patchwork of fuel specifications and oxygenate blending requirements.

Those rules continue to evolve over time—with countries moving in a cleaner, greener direction, though not necessarily at the same pace.

In recent years, regional giants China and India have adopted stricter sulfur limits for transport fuels, while countries such as Pakistan, Singapore and Vietnam have followed suit. In January, S&P Global Platts lowered the sulfur content of its benchmark Singapore gasoil assessments from 500ppm to 10ppm to reflect this trend.

More changes are coming. Beijing and 27 adjacent Chinese regions are piloting a Phase VI standard that cuts down on pollutants and is due to be rolled out nationwide in 2019. Meanwhile, India is planning to lower its sulfur limit for diesel and gasoline to 10ppm by 2020.

What will be the impact of these shifts for oil refiners, marketers, biofuels producers and other market participants?

Join our 30-minute S&P Global Platts Insight Webinar to find out.

This webinar brings together specialists from across our energy news, oil and biofuels pricing and analytics teams to discuss the development of fuel specifications in Asia, and how they will continue to shape the market.

Join in the conversation at #SPGPlattsInsight.

S&P Global Platts Insight Webinar

Held every two weeks, S&P Global Platts Insight Webinars give you a window into the critical trends shaping and driving commodities markets across the Asia-Pacific region. Each webinar includes a lively discussion between S&P Global Platts commentators and analysts, as well as the opportunity to put your questions directly to our panelists.

Platts webinars are free to attend; all you need to do is register. If you can't make it to the live production, you can still view Platts webinars on-demand at your convenience.


Calvin Lee Calvin Lee
Editorial Director, Asia & Middle East Oil
S&P Global Platts

Calvin manages the market reporting team that assesses crude oil, refined products and Platts Forward Curve spot prices for East of Suez markets. He joined S&P Global Platts in 2005 and was promoted to Managing Editor in 2009. He served as Senior Writer, China, overseeing coverage of all energy news across the country. In 2012, Calvin took a leadership role to lead and coordinate the execution of Asian methodology changes, and help introduce new price assessments in Asia

Gurdeep Singh Gurdeep Singh
Senior Specialist, Methodology Group
S&P Global Platts

Gurdeep Singh is a Senior Specialist for Methodology Development and Price Assessments in the energy sector in Asia and the Middle East. His work involves research and market engagement to ensure methodologies evolve with changing market dynamics. Gurdeep specializes in crude oil and fuel oil markets and is trained as an electrical engineer. He has spent 14 years covering the energy sector for various media organizations.

JY Lim JY Lim
Director, Asia-Pacific Oil Market Analysis
S&P Global Platts

JY Lim is Director of Asia-Pacific Oil Market Analysis with S&P Global Platts Analytics, based in Singapore. Part of his role is to develop the outlook for Asian crude and product markets. He has more than 15 years of industry and consulting experience, and has detailed knowledge of the Asian oil market. He holds a PhD in Economics.

Andrei Agapi Andrei Agapi
Managing Editor, Agriculture
S&P Global Platts

Andrei is Managing Editor of Asia-Pacific Agriculture at S&P Global Platts. Based in Singapore, he leads a team that manages price assessments and news for regional wheat, corn, sugar, ethanol and biodiesel markets. He previously served as team leader of the EMEA grains desk in London. Prior to that, he held various roles related to soft commodities in the financial services sector.

Eric Yep Eric Yep
Managing Editor, Asia & Middle East Residual Oil
S&P Global Platts

Eric is Senior Editor for ASEAN content at S&P Global Platts and is based in Singapore. He writes about trends in Asia’s commodity and resources sector, with a special focus on the energy complex. In addition to supply/demand fundamentals, he tracks the economics and geopolitics of commodity trade. Eric has previously written for a range of news outlets including The Wall Street Journal, Dow Jones and Thomson Reuters.

Wendy Cheong Wendy Cheong
Managing Editor, Asia & Middle East light distillate products
S&P Global Platts

Wendy Cheong is the managing editor of the light ends desk, overseeing coverage of naphtha, gasoline and LPG markets in Asia and the Middle East. Based in Singapore, she began her career at Platts in 2004. In the past 13 years, Wendy has covered markets across the barrel, from Middle Eastern and Asia Pacific crudes to refined products such as middle distillates, light ends and downstream petrochemicals. Prior to her tenure as a light ends manager, she was the managing editor of middle distillates. Wendy holds a bachelor's degree with honors in communication studies from the Nanyang Technological University, Singapore.


Speaker Image

Firstname Surname

Job Title
Company Name

Speaker Image

Firstname Surname

Job Title
Company Name

Speaker Image

Firstname Surname

Job Title
Company Name

Speaker Image

Firstname Surname

Job Title
Company Name



Registration & Networking


Welcome Address and Introductions

Ross McCracken, Managing Editor, Energy Economist


Spot LNG: a market in transition

  • 2015: The year of the tender
  • Liquidity and transparency – emerging trends
  • Changing demands: Increased flexibility
  • LNG derivatives: Platts JKM TM swaps & the need for effective hedging tools

Stephanie Wilson, Managing Editor, Asia LNG


Europe as a balancing point for cargoes

  • How Europe has reacted to increased supplies in LNG
  • How the market is pricing US LNG exports into the forward curve
  • LNG derivatives: JKM TM swaps and emerging trends in liquidity

Desmond Wong, Managing Editor, Europe LNG


Networking Break


Looking ahead: The next 5 years…Pricing and fundamentals outlook

  • A supply glut from Australia and the US and consequences for the market
  • Price Convergence: Henry Hub, NBP and their importance as price anchors for Platts JKM TM
  • Time for change: The prospects for gas-on-gas pricing in the LNG market

May Mannes, Head of Gas & LNG Analysis (Eclipse Energy Group, a unit of Platts)


Panel discussion

Ross McCracken, Managing Editor, Energy Economist



Agenda subject to change