METLEN And Shell Sign Long-Term LNG Supply Agreement

Nov 2 (Reuters) - Metlen Energy & Metals PLC MTLN.L:

• METLEN AND SHELL SIGN LONG-TERM LNG SUPPLY AGREEMENT

• METLEN: SHELL GLOBAL LNG WILL SUPPLY METLEN WITH SIX LNG CARGOES ANNUALLY FROM 2027 FOR FIVE-YEAR PERIOD

• METLEN ENERGY & METALS: SHELL WILL SUPPLY METLEN WITH SIX LNG CARGOES PER YEAR, AMOUNTING TO ABOUT 0.6 BCMA OVER 5-YEAR PERIOD COMMENCING IN 2027

• METLEN: LNG CARGOES WILL BE DELIVERED TO METLEN, PRIMARILY SOURCED FROM SHELL’S US LNG PORTFOLIO, FOR SUPPLY TO GREECE OR OTHER EUROPEAN GAS MARKETS

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