Shell Signs 2027-31 MOU for 0.5–1.0 bcm Annual LNG Supply, Reports 5.66B Shares
Shell and METLEN signed a five-year LNG supply MOU covering 0.5–1.0 bcm annually to Greek regasification terminals from 2027 to 2031, leveraging the Alexandroupolis FSRU and Vertical Gas Corridor to bolster energy resilience. Shell’s share capital totals 5,663,769,613 ordinary €0.07 shares, setting the denominator for FCA disclosure calculations.
1. LNG Supply MOU with METLEN
On February 25, Shell and METLEN formalized a memorandum of understanding to cooperate on LNG supply and trading between 2027 and 2031. The agreement commits to an annual delivery of 0.5 to 1.0 billion cubic meters of LNG to Greece’s Revithoussa and Alexandroupolis regasification terminals, utilizing the newly operational FSRU and the Vertical Gas Corridor to enhance connectivity with Eastern Europe and Ukraine.
2. Updated Share Capital and Voting Rights
As of February 27, Shell’s capital comprises 5,663,769,613 ordinary €0.07 shares, with no shares held in Treasury. This figure serves as the denominator for calculating investor notification thresholds under FCA rules and includes shares bought back under the current repurchase program but not yet cancelled.