MET and Shell sign MoU on US LNG co-operation

The MoU provides a framework for the potential purchase by MET of LNG, sourced primarily from Shell’s US LNG portfolio, for delivery to various European regasification facilities. The co-operation with Shell aims to enhance the security of gas supply in Europe.

MET operates a customer-back energy model in Europe, structuring its sourcing and supply around the needs of end customers. The agreement further advances MET’s strategy to diversify supply sources while reinforcing its strong and steadily expanding customer portfolio across more than 20 European countries.

“MET is proud to support the strategic co-operation between the US and the EU in the field of LNG supplies. This MoU represents another important step in strengthening transatlantic energy ties and will contribute to enhancing the energy security of the EU,” said Huibert Vigeveno, Group CEO of MET Group.