We have been trading in petroleum products in the Far East since 2010. We operate in Singapore in the Global Gas & LNG Portfolio and Refining & Marketing and Chemicals sectors.
Starting from 1st January 2021 EGEM acts in the international trading of gas, power, CO₂ (as a single interface between Eni and the markets), LNG and Oil derivatives. It is a global, integrated approach designed to make the most of Eni’s network of contacts and wide asset portfolio.
In keeping with Eni’s overall strategy in respect of the global energy transition, starting from January 1, 2021, Eni Trade & Biofuels SpA (ETB), fully owned by Eni SpA, is the sole entity responsible for the international trading of crude oil, petroleum products, bio-fuels and related financial derivatives for the Eni group.
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