Shell plcShell signed a new multi-year LNG sale and purchase agreement to supply MET International from its U.S. LNG portfolio, a concrete product order.

Shell plc has signed a new multi-year sale and purchase agreement to supply liquefied natural gas to MET International, the trading and wholesale arm of Swiss-based MET Group, drawing on Shell's U.S. LNG portfolio. The deal builds on a 10-year free-on-board LNG purchase agreement the two companies signed in July 2024 and a memorandum of understanding signed earlier this year in Washington, D.C., to explore additional LNG supply and trading opportunities aimed at enhancing Europe's energy security; the new SPA is one outcome of that cooperation. MET has emphasized the growing importance of U.S. LNG for its business, noting that contracts indexed to the U.S. Henry Hub benchmark can offer an alternative to European gas benchmarks and help diversify pricing structures. Shell says its LNG business was involved in around 16% of global LNG demand in 2025 and holds approximately 44 million tons of equity LNG capacity, and it expects global LNG demand to rise around 65% from 2025 levels to nearly 700 million tons annually by 2050, with U.S. exports projected to nearly double by 2030. Financial terms and LNG volumes were not disclosed.
Shell plcShell signed a new multi-year LNG sale and purchase agreement to supply MET International from its U.S. LNG portfolio, a concrete product order.
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MET Group's trading arm gained a new multi-year U.S. LNG supply deal, supporting its LNG business diversification.