Shell and Metlen Energy & Metals Sign LNG Supply MoU

Shell plc and Metlen Energy & Metals signed a Memorandum of Understanding (MoU) on February 24, 2026, to establish a framework for cooperation in the supply and trading of Liquefied Natural Gas (LNG). Under the MoU, Shell plc will supply Metlen Energy & Metals with approximately 0.5 to 1.0 bcm of LNG per year over a five-year period from 2027 to 2031. Deliveries will be made to Greek LNG regasification facilities in Revithoussa and Alexandroupolis, with the agreement also allowing for the use of the Vertical Gas Corridor to access additional European markets. This collaboration aims to strengthen Metlen Energy & Metals's role in European natural gas markets, enhance market liquidity, and contribute to regional energy security, reinforcing Greece's position as a strategic regional energy hub. The agreement was signed in Washington, D.C., with the presence of key officials from Greece and the United States, highlighting its strategic importance.