Metlen Secures 5-Year Petronas LNG Deal, Boosting Greek Energy Security

Metlen Energy & Metals signed a five-year Sale and Purchase Agreement with Petronas subsidiary PTUK for long-term Liquefied Natural Gas (LNG) supply.

Deliveries will begin in 2027. The agreement includes six LNG cargoes per year. This volume totals approximately 0.6 billion cubic meters annually.

The deal aims to diversify Metlen’s LNG sources and enhance procurement flexibility. It supports Greece’s strategic goal to become a regional energy hub and improves energy security for Southeast Europe.

Metlen Energy shares fell 1.7% in London morning trading. The stock reached a price of €46.78.