MET Group and Shell Sign MOU for US LNG Supply to Europe
MET Group and Shell signed an MOU today for about 0.5 million tonnes of US LNG annually from 2027. The deal aims to supply Europe via the Vertical Gas Corridor.
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The energy trading firm MET Group, headquartered in Switzerland[Country:{\"assets\":{\"country\":\"CH\"}}], has entered into a memorandum of understanding (MoU) with Shell plc[Symbol:{\"assets\":{\"symbol\":\"SHEL\"}}] to secure long-term liquefied natural gas (LNG) supplies for the European market. The agreement outlines the potential purchase of approximately 0.5 million tonnes per annum (mtpa) of LNG between 2027 and 2033, with the supply primarily originating from the United States[Country:{\"assets\":{\"country\":\"US\"}}] portfolio of Shell.
