ADNOC Signs Multi-Year LNG Deal with Gulf Group
The agreement secures the supply of two million tonnes of LNG to meet Thailand's growing energy requirements.
Updated on Oct. 28, 2026 in Oil and Gas
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ADNOC has signed a new multi-year sales and purchase agreement with Thailand's Gulf Group to supply two million tonnes of LNG. Deliveries under the contract are scheduled to commence in 2027.
Why it matters
This deal allows Gulf Group to stabilize its energy supply and maintain a diversified LNG portfolio for Thailand. It also strengthens ADNOC's role in the global gas market as it expands its international distribution footprint.
The agreement covers the supply of 2 million tonnes of LNG. ADNOC Gas currently provides 60% of the UAE's domestic gas requirements and serves clients across 20 international markets.
The players
ADNOC
The Abu Dhabi National Oil Company is the state-owned oil firm of the United Arab Emirates and a major player in global energy markets.
Gulf Group
This is a major Thai energy corporation focused on power generation and infrastructure projects throughout Southeast Asia.
The details
ADNOC Trading will manage the cargo logistics and shipping through its integrated global marketing and trading platform. This partnership builds on an initial LNG supply agreement the two companies established in 2025.
Timeline
The companies signed their first LNG supply agreement in 2025.
ADNOC launched a global LNG marketing and trading platform in July 2026.
Deliveries under the new agreement will begin in 2027.
ADNOC targets a marketable LNG capacity of 47 million tonnes per annum beyond 2030.
Market Landscape
This deal follows the strategic pattern established by the launch of ADNOC's global LNG marketing and trading platform in 2026. By consolidating its trading capabilities, ADNOC is positioning itself to capture a larger share of the Asian energy market against regional competitors.
This agreement ensures a more reliable energy supply for Thailand, which could help buffer the local economy against volatility in global gas pricing. Customers should expect continued efforts from energy providers to secure long-term, fixed-volume contracts to mitigate supply disruptions.
The takeaway
Securing long-term supply agreements is a common strategy for energy firms to hedge against future market volatility. This deal highlights how international partnerships are increasingly critical for countries aiming to maintain diverse and secure energy portfolios.
Further reading
For more on the changing landscape of global fuel distribution, visit the Oil and Gas section.
Source note: This article includes information reported by Themachinemaker.
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