Shell (SHEL) and Metlen Energy & Metals agreed in a memorandum of understanding to trade and supply liquefied natural gas over five years to the regasification terminals in Revithoussa and Alexandroupolis in Greece.
The annual LNG volume starting in 2027 is 500 million to 1 billion cubic meters, Metlen said Wednesday in a statement.
The accord may involve using the Vertical Gas Corridor to reach additional European markets, Metlen said.
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