ADNOC signs LNG deal to supply 2 million tonnes to Thailand from 2027

Abu Dhabi's Abu Dhabi National Oil Company (ADNOC) has entered into a multi-year agreement to supply approximately 2 million tonnes of liquefied natural gas (LNG) to Thailand, beginning in 2027. This deal is an extension of a previous LNG supply agreement signed between ADNOC and Gulf Group, Thailand's leading energy and infrastructure conglomerate, in 2025.

ADNOC Trading, the trading arm of ADNOC, has signed a Sales and Purchase Agreement with the Thai energy firm. This partnership aims to enhance ADNOC's presence in global gas markets and strengthen its commitment to reliable energy supplies for Thailand and other Asian customers. Nasser Al Muhairi, Acting CEO of ADNOC Downstream Industry, Marketing and Trading, emphasized that this agreement builds upon ADNOC's first LNG supply agreement with Gulf Group and further bolsters ADNOC's global LNG marketing and trading platform.

The deal also bolsters ADNOC Trading's direct LNG deliveries into Asia. Sarath Ratanavadi, CEO of Gulf Development Public Company Limited, highlighted that the agreement strengthens the company's value chain by securing midstream infrastructure, shipping capacity, and relationships with leading suppliers. The Thailand deal comes as ADNOC strives to increase its LNG marketing and trading business globally, with an integrated LNG platform targeting 47 million tonnes per annum (mtpa) of marketable LNG by 2035.