Eni Global Energy Markets (EGEM) business energy supplier profile
Eni Global Energy Markets (EGEM) is Eni’s international gas and energy trading arm, operating as a market interface for gas, power, LNG, CO2 and oil derivatives. The official EGEM page describes it as a specialized hub for trading and commodity risk management, with a London office serving the UK establishment.
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Snapshot, in plain English
Is Eni Global Energy Markets (EGEM) right for your business?
Independent sizing not yet published. See the Companies House Quick Look below for the licensed entity's basic details.
| Your business | Fit | Why |
|---|---|---|
| Single site SME | Possible | Confirm with our team before relying on this supplier. |
| Multi-site SME | Possible | Independent sizing not yet published. |
| I&C £250k to £1m spend | Possible | Independent sizing not yet published. |
| I&C above £1m spend | Possible | Independent sizing not yet published. |
Quick facts
| Trading name | Eni Global Energy Markets (EGEM) |
|---|---|
| Licence holder | ENI GLOBAL ENERGY MARKETS SPA Parent: Eni Global Energy Markets S.p.A. (UK establishment: BR022574; Companies House overseas company no. FC037483) |
| Supplies | Gas |
| Website | eni.com |
| Business phone | +44 20 7881 1600 |
| Email / contact | EGEM.London.Reception@eni.comContact page |
| Rate status | Quote required |
Company data
Live data on the licence-holding companies behind Eni Global Energy Markets (EGEM), compiled by Purely Energy's independent research team and refreshed monthly.
Eni Global Energy Markets (EGEM) out-of-contract and deemed rates
Not publicly published / quote required
If you are on deemed, default, rollover, variable, or Out-of-contract rates, ask for a written renewal quote and compare it against live market prices before agreeing a new contract.
Where your p/kWh actually goes
Indicative split for a UK I&C electricity bill in 2026, sourced from Cornwall Insight's non-commodity cost research. Your meter, region and contract type shift the exact mix, but the four components are always present.
- Wholesale energy, 38%Gas or power bought on the wholesale market. The figure most coverage focuses on.
- Non-commodity costs, 53%Network charges (DUoS, TNUoS), policy levies (RO, FiT, CfD, Capacity Market), CCL and balancing costs.
- Supplier margin, 6%What the supplier earns. Always priced into the unit rate.
- Broker margin, 3%What we earn for tendering and managing the contract. Shown separately on every Purely Energy quote.
Who Eni Global Energy Markets (EGEM) may suit
Best suited to large commercial and industrial buyers, wholesale counterparties and energy-market participants rather than microbusinesses seeking simple fixed tariffs. Public evidence points to a trading and risk-management operation, so business customers should expect tailored quotes rather than off-the-shelf domestic-style pricing.
Trading name and licence-holder notes
The licence/UK establishment appears to trade under the EGEM brand rather than a separate consumer-facing UK supplier brand. Official Eni pages also connect EGEM to the broader Eni group and its London office at Eni House, 10 Ebury Bridge Road.
Switching from Eni Global Energy Markets (EGEM) to a fixed business contract
UK businesses can switch gas supply away from Eni Global Energy Markets (EGEM) once their fixed contract ends, or after resolving any open objection or termination-window issue. The process is the same for every supplier on the non-domestic market, but a few checks done in the right order make the transfer materially faster.
- 1. Find your contract end date. It's on your last renewal letter or the most recent bill from Eni Global Energy Markets (EGEM). Most non-domestic contracts have a 1 to 6 month termination window before that date, outside of which you may auto-roll onto a new fixed term.
- 2. Get your MPRN ready. The 21-digit MPAN (electricity) and 6 to 10-digit MPRN (gas) uniquely identify each meter and are needed for any competing quote. Both appear on your bill.
- 3. Compare against the live market. Eni Global Energy Markets (EGEM) doesn't publish standard out-of-contract rates, so request a written renewal quote first and benchmark it against live market prices before agreeing anything. Purely Energy can run your meters against the wider UK panel and come back with the cheapest fixed offers.
- 4. Settle the final bill and clear any objections. Eni Global Energy Markets (EGEM) will issue a final bill within 6 weeks of supply transferring. If a balance is outstanding, they can object to the switch under industry rules, so clear it before the transfer date to avoid a hold.
- 5. Sign the new contract. Once the new supplier has your MPAN/MPRN and signed contract, the transfer typically completes within 4 to 8 weeks. There is no break in supply, you simply receive your first bill from the new supplier.
Need help with any of these steps? Our team handles the paperwork end-to-end as part of every quote.
Need help comparing Eni Global Energy Markets (EGEM)?
Purely Energy can check your current rates, compare renewal options across gas suppliers, and review whether switching could reduce your business energy costs.
FAQs
Who supplies energy under the Eni Global Energy Markets (EGEM) brand?+
The Ofgem non-domestic licence is held by ENI GLOBAL ENERGY MARKETS SPA, ultimately part of Eni Global Energy Markets S.p.A. (UK establishment: BR022574; Companies House overseas company no. FC037483). The trading name on your bill or contract may differ from the licence holder, which is normal and reflects how UK energy is regulated.
What is the Eni Global Energy Markets (EGEM) business contact number?+
Eni Global Energy Markets (EGEM) can be reached on +44 20 7881 1600 or by email at EGEM.London.Reception@eni.com. The official contact page is https://www.eni.com/en-IT/company/subsidiaries-and-affiliates/egem.html.
Does Eni Global Energy Markets (EGEM) publish out-of-contract rates?+
Eni Global Energy Markets (EGEM) does not appear to publish a standard deemed or out-of-contract rate online. Business customers should request a written renewal quote in advance of their contract end date and compare it against live market prices.
Can I switch away from Eni Global Energy Markets (EGEM)?+
In most cases, businesses can switch gas supply away from Eni Global Energy Markets (EGEM) at the end of a fixed-term contract or after resolving any objections, debt, termination-window, or meter-data issues. The safest route is to check your contract terms, final bill position, and renewal dates before starting a transfer.
How long does it take to switch from Eni Global Energy Markets (EGEM)?+
Once a new supplier has the meter point details (MPAN/MPRN) and a signed contract, a non-domestic switch typically completes within 4 to 8 weeks. Supply does not break: the new supplier takes over billing on the transfer date.
Is Eni Global Energy Markets (EGEM) a UK-licensed supplier?+
Yes. Eni Global Energy Markets (EGEM) is on the Ofgem non-domestic licensee register for gas. Ofgem maintains the official register at ofgem.gov.uk.
What are out-of-contract business energy rates?+
Out-of-contract rates are the prices a business pays when no fixed-term contract is in place with its supplier. They can be materially higher than negotiated contract rates, so businesses should check their contract end date and renewal window before they expire.
Other UK gas suppliers
Compare Eni Global Energy Markets (EGEM) against these other UK non-domestic gas licensees on the same directory.
- BARROW SHIPPING LTD. / Fuels GasBARROW SHIPPING LTD.
- Ceres EnergyCERES ENERGY LTD.
- Crown Oil LtdCROWN OIL LTD.
- Data EnergyDATA ENERGY MANAGEMENT SERVICES LTD.
- Economy GasECONOMY GAS LTD.
- Equinor UK LtdEQUINOR UK LTD.
Or browse the full UK business energy supplier directory.
Sources
Public data this profile is built from. Always verify rate and contract details on the supplier's own website before relying on them.