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Mozambique: ENH, Vitol form gas trading joint venture

Vitol and Empresa Nacional de Hidrocarbonetos (ENH) on 17 September announced the launch of a joint venture commodity trading company, ENH Energy Trading. The company will initially be owned 51% by ENH and 49% by Vitol, but ENH’s share is expected to increase over time, a joint statement said. It will be based in Singapore to focus on marketing Mozambique’s gas to the growing Asian market.

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