MET supplies gas to Czech Republic via German LNG terminal

long-term LNG supply agreements from the United States, adding that it has one of the “most diversified” LNG import structures from a geographical perspective in Europe.

Last year, the company entered into a 10-year deal to buy US LNG volumes from LNG giant Shell.

Before this contract, MET entered in September 2023 into a 20-year non-binding deal with US LNG terminal developer Commonwealth LNG to buy 1 mtpa of LNG from the proposed 9.3 mtpa plant in Cameron, Louisiana.

“Natural gas and LNG will continue to play a role in securing energy supplies for Europe as it represents the fossil fuel with the lowest carbon footprint and – as a bridge fuel – it also backs up weather-dependent renewable energy sources,” MET said.