METLEN and PETRONAS sign LNG supply agreement for Greece

METLEN and PETRONAS sign LNG supply agreement for Greece

METLEN and PETRONAS have signed a sale and purchase agreement, or SPA, for liquefied natural gas supply into Greece, according to a Sept. 14 Naftemporiki report. PTUK will supply the volumes. Term, volume, price and start date were not disclosed, so I can't yet judge earnings or supply-security impact.

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