Mercuria and Eni have signed an agreement to establish a jointly owned global energy venture, looking to optimise the global marketing, logistics and trading of energy commodities including oil, biofuels, natural gas, liquified natural gas, liquified petroleum gas, and the associated logistics and infrastructure rights.
The agreement will combine Mercuria’s global trading expertise, market intelligence and risk management capabilities with Eni’s up-, mid- and downstream asset knowledge.
Marco Dunand, CEO of Mercuria, comments: ‘This partnership brings together two highly complementary organisations with a shared long-term vision for energy markets. By integrating physical energy flows with world-class trading, logistics and risk management capabilities, we will create a more agile and efficient platform that maximises value across the supply chain. Together, we will be better positioned to serve customers, optimise assets and navigate increasingly dynamic global energy markets.’
