Overview

Singapore
In detail:

  • trading in crude oils and finish products in the R&M sector with eni Trading & Shipping Singapore Branch
  • the development of chemicals through Versalis
  • LNG activities
  • Eni offices and contacts in Singapore

Refining & Marketing and Chemicals

Eni is present in the Far East in the marketing of oil products since 2010, when the company decided to open the Eni trading & shipping Singapore branch, with the with the aim of increasing the opportunity to seize the best opportunities for global supply opportunities at competitive prices for Eni (through regional and interregional arbitrage) and providing Eni's "best in-class" services to Asian customers.

In the lubrication sector, Eni is present in Singapore through a Joint Venture with JX Nippon Oil and PetroChina created in 2008 for the management of the ENEOS Italsing lubricant production plant.

The shares of the JV are as follows: JX Nippon OIl 55%; Eni 22.5%; PetroChina 22.5%.

The plant produces about 60,000 tons of lubricants per year, which are made available to the three partner owners and important third party operators such as Valvoline, for sales in the APAC area.

From the plant in Singapore, in addition to the plant in Livorno, Eni supplies almost all the APAC countries, including Australia and New Zealand, in addition to China through Eni Lubricants Trading Shanghai, in collaboration with more than 100 commercial partners and with a sales volume of over 10,000 tons of finished lubricants in 2017.

 

In the chemical sector, Versalis Singapore was opened at the end of 2017 as a further step in the strategy of internationalization pursued by the company. Versalis was already present in the Asia-Pacific region with commercial offices in Shanghai, Qingdao, Mumbai and Singapore.

Gas & LNG Marketing and Power

With reference to the gas sector, starting from January 2018 all the main commercial functions that make up the LNG Business Unit are represented in the Singapore ETS branch. With reference to the LNG sector, as of January 2018 all the main commercial departments that compose the LNG Business Unit are represented in ETS Singapore branch. In addition to the LNG Business Development Far East unit, which was established in 2015, in recent months also representatives of LNG Mozambique and Trading units joined the Singapore team. Hence, from Singapore offices Eni is currently able to cover the all spectrum of LNG products requested by the market.

Offices & contacts

Eni Singapore
391A Orchard Road 
Ngee Ann City, Tower A, #21-01/02/03/04
238873 - Singapore 
Email: eni.singapore@eni.com
Tel. (+65) 6672 7299 
Fax (+65) 6250 4830

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