LNG Supply and Trading
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Shell (SHEL), METLEN Sign Strategic MOU for Five-Year European LNG Supply Cooperation
Yahoo Finance· 2026-02-27 21:47
Shell (NYSE:SHEL) is one of the cheap energy stocks to buy right now. On February 25, Shell and METLEN (formerly Mytilineos) signed a strategic memorandum of understanding/MOU to cooperate on LNG supply and trading between 2027 and 2031. The agreement outlines the annual supply of 0.5 to 1.0 billion cubic meters/bcm of LNG, targeting Greek regasification terminals at Revithoussa and Alexandroupolis. This partnership aims to strengthen Europe’s energy resilience by using Greece’s evolving infrastructure t ...