February 25, 2026 [Reuters]- Greece’s Metlen said on Wednesday it had signed a memorandum of understanding with Shell to cooperate on liquefied natural gas (LNG) supply and trading.
The London- and Athens-listed energy and metals group said the agreement will allow it to secure and trade between 0.5 and 1.0 billion cubic metres of LNG annually from 2027 to 2031, with deliveries routed through Greece’s Revithoussa and Alexandroupolis terminals.
The deal also envisages the use of the Vertical Gas Corridor, a route to transport gas from Greece through central Europe and Ukraine, enabling access to additional European markets beyond Southeast Europe, as Greece seeks to bolster its role as a gas transit country.
Greek energy companies have been looking to secure deals to supply central and southern Europe with U.S.-produced liquefied gas as the United States seeks to replace Russian gas in Europe.
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