ADNOC Signs Multi-Year LNG Supply Agreement with Thailand's Gulf Group
What happened
On October 5, 2026, ADNOC signed a multi-year Sales and Purchase Agreement with Thailand's Gulf Group for the supply of approximately two million tonnes of liquefied natural gas, starting in 2027.
The Context
- Thailand's energy reliance: Over 60% of Thailand's electricity generation depends on natural gas, making LNG imports critical for its energy strategy.
- Regional supply disruptions: Recent disruptions in Middle East gas flows have prompted Thailand to diversify its LNG sources, increasing the importance of this agreement.
- ADNOC's growth strategy: This deal supports ADNOC's goal of reaching 47 million tonnes per annum of marketable LNG by 2030, leveraging its new integrated trading platform.
The Number
— This is the total LNG volume to be supplied under the agreement, reflecting ADNOC's commitment to expanding its market presence in Asia.
Takeaway
As ADNOC ramps up its LNG supply capabilities, expect increased competition and strategic partnerships in the Asian energy market.
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ADNOC seals two-million-tonne LNG supply pact with Gulf
ADNOC has entered into a multi-year contract to supply approximately two million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group, with deliveries set to commence in 2027. This agreement marks a significant expansion of ADNOC's commerci...
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«أدنوك» تورّد مليونَي طن غاز مسال إلى تايلاند «أدنوك» تورّد مليونَي طن غاز مسال إلى تايلاند
ADNOC has announced the signing of a sales and purchase agreement with Thailand's Gulf Group to supply two million tons of liquefied natural gas (LNG). This agreement marks a significant step in enhancing energy trade between the UAE and Thailand.
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Adnoc signs Thai LNG deal after Iran war disrupts Gulf supply
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