Shell, Metlen Sign MoU for 0.5–1.0 bcm LNG Supply 2027–2031
Shell and Metlen agreed to supply and trade 0.5–1.0 bcm of LNG annually from 2027 through 2031, delivering volumes to Greece’s Revithoussa and Alexandroupolis regasification terminals. The memorandum of understanding grants access to the Vertical Gas Corridor, expanding Shell’s European market reach and boosting its LNG trading network.
1. Strategic Alliance Formation
Shell has entered into a memorandum of understanding with Metlen to collaborate on liquefied natural gas supply and trading, combining their market expertise and infrastructure to enhance LNG operations.
2. Volume Commitments and Delivery Points
Under the agreement, the partners will supply and trade between 0.5 and 1.0 bcm of LNG each year from 2027 through 2031, with shipments scheduled to Greece’s Revithoussa and Alexandroupolis regasification terminals.
3. Market Access and Strategic Benefits
The accord secures use of the Vertical Gas Corridor, enabling Shell to broaden its European distribution network, optimize its LNG supply chain efficiency and strengthen its position in the growing global LNG market.