ENH Energy Trading focuses on creating value with counterparties through innovative supply and offtake solutions. The company will concentrate initially on LNG, LPG and condensate.
As the exclusive offtaker and marketer of ENH equity production in Mozambique, we are well positioned to participate in global energy markets.
ENH Energy Trading is a joint venture between ENH, the state-owned energy company of Mozambique, and Vitol, a global energy and commodities company.
About ENH Energy
ENH, Empresa Nacional de Hidrocarbonetos, is Mozambique’s state owned energy exploration and production company and represents the state of Mozambique in its investments across the industry.
Mozambique has an estimated 120 TCF of technically recoverable gas resources. In addition to drawing on this resource to fuel domestic energy demand, the first phase of LNG developments will produce over 30 million tonnes of LNG a year, making Mozambique a leading LNG exporter.
Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.
Vitol’s clients include national oil companies, multinationals, leading industrial and chemical companies and the world’s largest airlines. Founded in Rotterdam in 1966, today Vitol serves clients from over 40 offices worldwide and is invested in energy assets globally including; almost 16mm3 of storage globally, 480kbpd of refining capacity and circa 6,500 service stations across Africa, Australia, Brazil, Eurasia and in Northwest Europe. For more information visit vitol.com.