ATHENS, Greece and LONDON, Feb. 25, 2026/ PRNewswire/– Shell and METLEN, signed on Tuesday, February 24, 2026, a Memorandum of Comprehending (MoU), developing a structure for cooperation in the supply and trading of Liquefied Gas (LNG).
Shell, among the world’s biggest LNG manufacturers and traders, and METLEN, which holds a leading position in the gas market of Southeast Europe, are both noted on the London Stock Market and on the FTSE 100 Index.
Under the MoU, the 2 business will provide and trade around 0.5 to 1.0 bcm each year over the five-year duration 2027– 2031, with shipments to the Greek LNG regasification centers in Revithoussa and Alexandroupolis. The contract likewise imagines making use of the Vertical Gas Passage, making it possible for access to extra European markets beyond Southeast Europe.
Shell, as the biggest buyer of LNG from the United States, is well placed to support growing gas supply requires through its international portfolio, advanced shipping abilities, and substantial market knowledge.
With this assistance, METLEN is additional reinforcing its position as a crucial gas gamer in the area, improving market liquidity while adding to local energy security and enhancing Greece’s function as a tactical local energy center.
Evangelos Mytilineos, Executive Chairman of METLEN, specified: “ This MoU with Shell marks a crucial action in reinforcing METLEN’s function in the European gas markets. Our cooperation validates our shared dedication to improving Europe’s energy strength, while supporting Greece’s advancement into a crucial energy center in the area“
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SOURCE METLEN Energy & & Metals