MET Group and Shell Sign Multi-Year US LNG Supply Contract for Europe

MET International, the commercial trading and wholesale division of Switzerland-based energy enterprise MET Group, has concluded a multi-year liquefied natural gas purchase agreement with UK-headquartered energy major Shell.

Under the terms of the transaction, the companies have committed to a long-term structure designed to channel US-origin liquefied natural gas into the European energy system.

The supply arrangement is intended to bolster the continent's overarching energy security framework by securing additional transatlantic feedstocks for European consumers and downstream networks.

The pact reinforces the commercial ties between the Swiss-headquartered integrated energy firm and the British energy major across international gas trading corridors.

Both counterparties continue to expand their positions in the global LNG trade, facilitating the flow of North American gas exports into regional import terminals across Europe.