Adnoc signs Thai LNG deal after Iran war disrupts Gulf supply
Adnoc has agreed to supply about two million tonnes of liquefied natural gas to Thailand ’s Gulf Development, boosting the country's access to the fuel as the Iran war disrupts supplies from the Middle East. Deliveries under the multi-year sales and purchase agreement are to start in 2027, Adnoc said on Monday. The company did not disclose prices, the length of the contract or where the cargoes…
Adnoc recently signed an agreement to supply Thailand's Gulf Development with approximately two million tonnes of liquefied natural gas (LNG) annually, as the ongoing Iran war hampers supply from the Middle East. This multi-year sales and purchase agreement between Adnoc and Gulf Development, which commenced in 2027, aims to bolster Thailand's access to LNG amid the disrupted Gulf supply.
The deal builds upon a previous agreement signed in 2025, demonstrating Adnoc's commitment to providing reliable energy sources to Thailand and its Asian customers. Adnoc's acting chief executive, Nasser Al Muhairi, emphasized the significance of this agreement in strengthening the partnership and ensuring a consistent energy supply.
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