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Malaysia\u2019s state owned energy giant Petronas has signed a five year agreement to supply liquefied natural gas to Greek energy company Metlen, strengthening Greece\u2019s role as an emerging energy hub in Southeast Europe.<\/p>\n
Through its subsidiary PETCO Trading (UK) Ltd, Petronas will supply Metlen with six LNG cargoes each year from its Atlantic portfolio under the sale and purchase agreement.<\/p>\n
The deliveries are expected to total around 0.6 billion cubic metres of LNG annually, beginning in 2027.<\/p>\n
The agreement is designed to diversify Metlen\u2019s LNG supply sources while providing greater flexibility in procurement and strengthening energy security in Greece and the wider Southeast European region.<\/p>\n
Petronas said the deal supports its strategy of expanding its LNG presence in markets west of the Suez Canal, with Europe and the Mediterranean identified as key areas for growth.<\/p>\n
The Malaysian energy group will use its global LNG portfolio and trading capabilities to supply the Greek company under the long term arrangement.<\/p>\n
Metlen said the agreement would strengthen Greece\u2019s position as a regional energy hub while improving the flexibility and reliability of its LNG supplies.<\/p>\n
The deal also marks a new stage of cooperation between Petronas and Metlen, with both companies indicating that it could create opportunities for further collaboration in the future.<\/p>\n
The agreement comes as Greece continues to expand its role in the regional energy market, supported by its LNG infrastructure and growing connections with Southeast European energy networks.<\/p>\n