Overview
- Under the memorandum of understanding, the partners target 0.5–1.0 bcm of LNG per year during 2027–2031.
- Planned deliveries will go to Greece’s Revithoussa terminal and the Alexandroupolis FSRU, with onward routing to additional European markets via the Vertical Gas Corridor.
- The agreement was signed in Washington, D.C., by METLEN’s Panagiotis Kanellopoulos and Shell LNG’s Tom Summers in the presence of Greek and U.S. officials including Energy Secretary Chris Wright.
- Shell is described as the largest purchaser of U.S. LNG and will leverage its global portfolio, shipping capacity and market expertise to support the cooperation.
- METLEN says the collaboration strengthens regional energy security and liquidity, and the parties signal intentions for joint development across multiple European countries.