Petronas and METLEN Seal LNG Supply Deal for Greece
Energy company METLEN and Petronas have signed a long-term agreement to supply liquefied natural gas (LNG) to Greece. Under the deal, Petronas will deliver six LNG cargoes per year from its Atlantic portfolio, totaling approximately 0.6 billion cubic meters annually over five years starting in 2027.
The partnership aims to strengthen energy security and diversification in Southeast Europe by providing METLEN with a reliable source of LNG and enhancing Greece's position as a regional energy hub.
METLEN CEO Panayotis Kanellopoulos stated, 'This agreement represents an important step in strengthening our strategy to diversify our LNG sourcing.' PETRONAS Executive Vice President Datuk Adif Zulkifli added, 'We are pleased to support METLEN's supply diversification strategy and contribute to strengthening energy resilience in Greece and the wider Southeast European region.'