Shell and METLEN sign MoU for cooperation in LNG supply and trading

Shell's agreement with Metlen Energy & Metals, announced on 2026-02-25, establishes a framework for expanded LNG supply and trading across Greece and Southeast Europe. This partnership positions Shell as a primary LNG provider, utilizing Metlen's regional presence to penetrate specific European markets. The commercial logic centers on Shell securing new distribution channels for its gas portfolio, while Metlen gains a reliable, global-scale supplier for its energy operations. This MoU structure suggests an initial phase of collaboration, focusing on market access and supply chain integration rather than immediate project development. The joint expansion of cooperation in LNG supply and trading directly benefits Shell by extending its market footprint into a specific European region. For Shell, a global group of energy and petrochemical companies, this MoU aligns with its strategy to accelerate the transition to net-zero emissions profitably, by optimizing its existing gas assets and expanding market reach. Metlen Energy & Metals, a global industrial and energy company with two business sectors, leverages this partnership to bolster its energy segment, securing a key supplier for its operations in Greece and Southeast Europe. This collaboration allows Metlen to further its strategic positioning at the forefront of the energy transition by ensuring stable gas supply. The agreement, announced on 2026-02-25, demonstrates both companies' focus on the gas sector within specific European geographies.