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You are currently browsing the Lamont County Environment weblog archives for the day April 20, 2007.
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Archive for April 20, 2007
Change to Sulfur Specification in January 2008
April 20, 2007 by Walter Schneider.
NYMEX
European Gasoil Contracts: Change to Sulfur Specification in January 2008 
Due to European Union Directive 1999/32/EC, beginning in January 2008, the sulfur content for European Gasoil will be reduced to 0.1% maximum from the current 0.2% maximum level. Consequently, the Exchange will adjust the sulfur specification to 0.1% maximum beginning in January 2008 for all European Gasoil-related swaps futures contracts listed on the NYMEX ClearPort® platform. (Source — off-site)
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