Connecting supply and demand across Europe.
Engelhart operates at the heart of Europe’s physical gas markets, managing the complexity between upstream supply and downstream demand.
We source, store, and transport gas across markets, combining decades of trading experience with a mature analytics platform and a lean operating model. That gives us the ability to take on risk and the flexibility to structure transactions that deliver what our counterparties actually need.
A flexible approach to European gas
Every counterparty comes to the market with a different set of requirements. A producer may want greater certainty over price and logistics. A buyer may need a particular supply profile, greater balancing flexibility or a more effective way to manage weather risk. We are active in standard predefined products often used as proxies, but also we like to start with the adhoc commercial need and build from there.
Supply side
Price certainty
Reducing market risk from the gas chain by taking on price risk.
Logistics
24/7 gas scheduling across the UK, Netherlands, Belgium, Germany. Coming soon to France, Italy, and Austria.
Storage capacity
Contracting with storage and infrastructure operators to secure the capacity needed across the physical gas chain.
Demand side
Demand profile
Providing security of supply and structuring delivery around volume, timing, and price.
Balancing flexibility
Providing real time flow flexibility to TSOs, SSOs, producers, and consumers.
Working capital / credit structures
Structuring financing solutions for physical gas structures, enabled by our founders, the BTG Pactual Group with over $500bn under management.
Physical capability, backed by market analytics
Engelhart’s physical presence across European gas markets allows us to source, store, and move gas across locations and over time, reshaping our portfolio to meet different market scenarios.
Our physical capability is backed by 24/7 scheduling and trade coverage and a mature global analytics platform that combines detailed market modelling with fundamental analysis of supply, demand, and infrastructure. It gives our traders the confidence to price, manage risk, and make informed decisions as market conditions change.
Experience, built differently
Engelhart’s European gas business has been built from the ground up by experienced market professionals, bringing decades of trading expertise without the legacy structures that can slow decision-making.
We combine that experience with a lean operating model and technology that is embedded in how the team works. AI and automation help us analyse opportunities and respond to bespoke requests faster, freeing our people to focus on what matters most: making informed decisions, managing risk, and building strong relationships with our counterparties.
Talk to our European
Physical Gas team
Djordje Radojicic
Head of EU Physical Gas
We always start with understanding what our counterparty needs. We can work with standard products or build around a specific commercial requirement, using our trading experience, physical market capabilities and analytics to manage the complexity and risk. That combination gives us the flexibility to move quickly and deliver the best outcome for the businesses we work with.