Metlen and Shell signed a Memorandum of Understanding for the distribution and supply of LNG

Macro/Political:

• Based on provisional data, the balance of travel services in December 2025 posted a surplus of EUR 313.2mn, up from a surplus of EUR 170.7 mn in December 2024. Travel receipts rose by 33% (y-o-y) to EUR 623 mn, while travel payments also increased by 4% (y-o-y) to EUR 309.9mn. In January-December 2025, the balance of travel services showed a surplus of EUR 20,255.2mn, up from a surplus of EUR 18,787.0mn in the same period of 2024.
  Source: BoG

Markets:

• Metlen and Shell plc signed a Memorandum of Understanding (MoU) yesterday establishing a cooperation framework for the supply and distribution of LNG.
  Under the agreement, the two companies plan to supply and distribute approximately 0.5–1.0 bcm annually over the five-year period of 2027–2031. Deliveries are expected to be made to Greece’s LNG regasification facilities in Revithousa and Alexandroupolis.
  Source: Bloomberg