20 Apr 2011 | 10:15 UTC — Singapore

Sempra to use JPMVEC in Asia naphtha MOC April 11

Please note that The Royal Bank of Scotland (RBS Sempra Commodities) will be replaced by J.P. Morgan Ventures Energy Corporation as its principal commodity trading subsidiary for the Asia naphtha markets effective April 11, 2011.

After the transfer, RBS Sempra will appear in the Platts market-on-close assessment processes for the crude partials market as "JP Morgan Ventures Energy Corporation."

RBS Sempra has already novated to the JP Morgan Ventures Energy Corporation for the Asian Middle East crude partials markets in the Platts MOC.

All companies trading with RBS Sempra are advised to take necessary steps to ensure trading continuity.

Please send questions or comments to asia_products@platts.com and pricegroup@platts.com.