MET Group reaches partnership agreement with Celsius to build first MET LNG vessel

Swiss-based MET Group has entered a partnership with Celsius to construct its first LNG vessel, set to be delivered in 2027. This modern and efficient LNG carrier will be built by China Merchants Heavy Industry (Jiangsu). The vessel will support MET Group s expanding LNG activities and align with its strategy to supply LNG to customers from various sources, including a recent agreement with Shell to purchase US LNG for a decade. MET Group boasts a diverse LNG import structure in Europe, with long-term regasification capacity bookings in Germany, Croatia, and Spain. The company has imported LNG into eight different Mediterranean countries, Northwest Europe, and the Nordic region. In 2023, MET Group delivered over 30 LNG cargoes to Europe. MET Group, an integrated European energy company headquartered in Switzerland, operates in natural gas and power markets. With subsidiaries in 15 countries, 30 national gas markets, and 39 international trading hubs, the company employs over 1,000 individuals from nearly 60 nationalities. MET has extensive experience in operating green and flexible energy assets, supporting the energy transition. Celsius Group, a leading ship owner and operator, focuses on sustainable, infrastructure-like investments and special opportunities within the maritime industry. The company has a modern fleet of over 40 vessels, including 20 ultra-efficient LNG carriers. Celsius Group actively promotes ESG through its Celsius Crew Welfare program. In summary, MET Group s partnership with Celsius aims to enhance its LNG supply capabilities, supporting its diverse import structure and commitment to sustainable energy. The new LNG vessel will be part of Celsius Group s modern fleet, further strengthening the collaboration between the two companies in the maritime industry.

Source: en.portnews.ru
Published on 2024-10-02