12 Jan 2012 | 12:05 UTC — London

New Petrobras entity in EMEA oil and ethanol MOC

Please note that Petrobras International Braspetro BV will be replaced by Petrobras Global Trading BV as its principal commodity trading entity for all EMEA oil and ethanol markets effective immediately.

After the transfer, Petrobras will appear in the Platts Market on Close assessment process for all oil product and petrochemical markets as "Petrobras Global Trading BV."

All companies trading with Petrobras International Braspetro BV are advised to take necessary steps to ensure smooth continuity in MOC particpation. Please send questions or comments to petchems@platts.com, europe_products@platts.com and pricegroup@platts.com.