Metlen and Shell Sign Long-Term LNG Supply Agreement

Metlen and Shell Global LNG Limited signed a binding long-term agreement for the supply of liquefied natural gas, building on the Memorandum of Understanding signed in February 2026. Under this agreement, Shell will supply Metlen with six LNG cargoes per year, equivalent to approximately 0.6 billion cubic meters annually, over a five-year period starting in 2027.

The cargoes will be delivered to Metlen primarily from Shell's LNG portfolio in the United States, bound for Greece or other European gas markets. The agreement marks a new step in the cooperation between the two companies, combining Shell's global LNG portfolio, shipping capacity and trading expertise with Metlen's well-established presence in Southeast Europe.

Panayotis Kanellopoulos, Chief Executive Officer of International Energy Supply and Trading at Metlen, noted that the agreement turns the shared ambition with Shell into a long-term supply partnership, strengthening the company's supply portfolio and giving it greater flexibility to serve Greece and other European markets.

For his part, Tom Summers, Executive Vice President of Shell LNG Marketing and Trading, highlighted that LNG plays a key role in providing flexible and reliable energy for people and businesses in Greece and other European countries, and said the company looks forward to exploring further collaboration opportunities with Metlen in the future.

The agreement also reinforces Metlen's strategy of consolidating its position through long-term supply contracts, diversification of its energy portfolio and greater commercial flexibility, further strengthening its role in regional and European natural gas markets, as part of Greece's evolution as a key energy hub in the region.