METLEN and Shell sign long-term LNG supply agreement

METLETN and Shell Global LNG Ltd have signed a binding long-term LNG supply agreement, building on the memorandum of understanding (MoU) signed in February 2026.

Under the agreement, Shell Global LNG Limited will supply METLEN with six LNG cargoes per year, amounting to approximately 0.6 billion m³/y, over a period of five years, commencing in 2027.

The LNG cargoes will be delivered to METLEN, primarily sourced from Shell’s US LNG portfolio, for supply to Greece or other European gas markets.

The agreement marks a further step in the development of the cooperation between the two companies, combining Shell’s global LNG portfolio, shipping capabilities, and trading expertise, with METLEN’s established presence in Southeast Europe and its growing role in European energy markets. It also rein-forces METLEN’s strategy to strengthen its position through long-term supply arrangements, portfolio diversification, and enhanced commercial flexibility.

Panayotis Kanellopoulos, Chief Executive Director International Energy Supply & Trading of METLEN, commented: “This agreement with Shell translates our shared ambition into a long-term supply partnership. Combining Shell’s glob-al LNG capabilities with METLEN’s established regional presence strengthens our supply portfolio and gives us greater flexibility to serve Greece and other European markets. It is a further step in our strategy to diversify energy sourcing and strengthen METLEN’s role in Europe’s evolving energy landscape.”

Tom Summers, Executive Vice President for Shell LNG Marketing and Trading, added: “LNG plays a vital role in providing flexible and reliable energy for people and businesses across Greece and other European countries. We are pleased to sign this agreement with METLEN to help supply their customers across the region and we look forward to exploring opportunities to further our collaboration in the future.”