Metlen – Petronas: Agreement for Six Annual LNG Cargoes to Greece Starting in 2027
29 Articles
29 Articles
Metlen – Petronas: Agreement for Six Annual LNG Cargoes to Greece Starting in 2027
METLEN and PETRONAS, through its subsidiary PETCO Trading (UK) Limited (“PTUK”), have entered into a Sale and Purchase Agreement (SPA) for a long-term supply of Liquefied Natural Gas (LNG) to Greece. Under the SPA, PTUK will deliver 6 LNG cargoes per year from PETRONAS' Atlantic portfolio, amounting to approximately 0.6 billion cubic meters per annum (bcma) over a period of five years commencing in 2027. The agreement strengthens METLEN’s Energ…
METLEN and multinational oil and gas company PETRONAS have signed a long-term agreement for the supply of liquefied natural gas (LNG) to Greece, it was announced today. The agreement foresees that PETRONAS, through its subsidiary PTUK, will supply six LNG cargoes per year from PETRONAS’ Atlantic portfolio, totaling approximately 0.6 billion cubic meters per year (bcma), for a period of five years, starting in 2027.
The agreement was concluded through subsidiary PETCO Trading (UK) Limited and provides for the delivery of six LNG cargoes per year from 2027, totaling approximately 0.6 billion cubic meters per year.
PETRONAS signs five-year LNG supply deal with Greece’s METLEN
PETRONAS will supply Greece’s METLEN with six LNG cargoes annually under a five-year agreement beginning in 2027, expanding the Malaysian company's LNG presence in Europe and the Mediterranean.
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