Shell Bolsters Global LNG Position with New MET Supply Deal
Shell has strengthened its position in the global liquefied natural gas (LNG) market through a new multi-year supply agreement with MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group.
The deal provides MET with additional access to U.S. LNG while supporting its strategy of supplying European customers with diversified gas sources.
This is not the first time Shell and MET have collaborated on an LNG supply agreement; they signed a 10-year free-on-board (FOB) purchase agreement in July 2024, which provided MET with long-term access to U.S. LNG.
Shell's integrated LNG model allows it to optimize LNG flows between different regions based on supply, demand, and market conditions, giving the company greater flexibility in managing its portfolio.