Switzerland-based energy trader MET Group has tripled its liquefied natural gas activity in 2025, as it continues to build its LNG portfolio in Europe and Asia.
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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Switzerland-based energy trader MET Group is extending its LNG cooperation with UK-based energy giant Shell with the signing of a new memorandum of understanding. MET plans to buy more US LNG volumes from Shell to supply European customers.
Switzerland-based energy trader MET Group has signed a heads of agreement with a unit of its shareholder Keppel to supply Singapore with liquefied natural gas (LNG).