REVIEWER: Robert Anderson, senior specialist at Sempra Energy Trading Corp.

BACKGROUND: Sempra Energy Trading Corp. (SET) is a full- service energy trading company ­ one of the largest in North America. We market and trade physical and financial energy products: crude oil and refined products, natural gas and power. Sempra Energy Trading has more than 1,200 customers worldwide. Our customer base includes most of the major oil, gas and power companies in North America, Europe, Asia and South America. Our high- volume financial transactions can involve more than 100 billion cubic feet (bcf) of natural gas daily. That translates to approximately one half of all the natural gas consumed daily in the U.S. and Canada. SET is a wholly owned subsidiary of Sempra Energy, a Fortune 500 energy services holding company based in San Diego, California.

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