Adnoc Signs Multi-Year LNG Deal With Gulf Group
The agreement secures the delivery of 2 million tonnes of LNG starting in 2027.
Updated on Oct. 20, 2026 in Oil and Gas
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Adnoc has finalized a multi-year sales and purchase agreement to supply Gulf Group with 2 million tonnes of LNG. Deliveries under the new contract are scheduled to commence in 2027.
Why it matters
The deal helps Adnoc meet rising global energy demand while allowing Gulf Group to build a more resilient and diversified LNG supply portfolio. It reinforces the ongoing commercial collaboration between the two companies following their initial 2025 agreement.
Adnoc is supplying 2 million tonnes of LNG under this new contract as it works toward a long-term production target of 47 mtpa of marketable LNG capacity beyond 2030.
The players
Adnoc
Adnoc is an Abu Dhabi-based state-owned energy company that manages extensive oil and gas operations and is expanding its international presence.
Gulf Group
Gulf Group is a prominent Thai energy and infrastructure conglomerate that is actively diversifying its energy portfolio.
The details
Adnoc Trading will oversee the delivery of the gas, utilizing the global LNG marketing and trading platform launched in July 2026. This infrastructure is designed to integrate commercial capabilities and increase shipping flexibility for international partners.
Timeline
2025: Adnoc and Gulf Group signed their first LNG supply agreement.
July 2026: Adnoc launched its global LNG marketing and trading platform.
2027: Deliveries of the 2 million tonnes of LNG are scheduled to begin.
Beyond 2030: Adnoc aims to reach an annual capacity of 47 mtpa.
Market Landscape
This agreement aligns with the broader industry trend of expanding global LNG capacity to address shifting energy security requirements. By securing long-term volume, Adnoc is positioning itself as a core supplier against regional competitors seeking to capture market share in Asia.
This deal secures a stable supply of energy resources that supports the infrastructure requirements of the regional energy sector. Customers may see increased stability in energy availability as long-term supply agreements become more central to regional utility planning.
The takeaway
Large-scale supply agreements play a critical role in stabilizing energy availability for fast-growing markets. Stakeholders should monitor these multi-year contracts as indicators of shifting regional energy priorities.
Further reading
For broader trends in the energy sector, explore the latest updates in Oil and Gas.
Source note: This article includes information reported by Process.
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