A report by the Reuters news agency has said that Italian utility Enel is looking to enter the UK gas wholesale market, Europe's most developed and liquid.

The report adds that Enel has already applied to gain a gas shipping license from the UK market regulator Ofgem.

Enel thinks the UK gas market is very interesting for trading opportunities. This fits Enel’s strategy to become a European leader in electricity and gas markets, an Enel spokesman was quoted as saying.