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ADNOC has signed a multi-year sales and purchase agreement with Gulf Group to deliver approximately two million tonnes of liquefied natural gas to Thailand and broader Asian markets, the UAE energy producer said in a statement released on October 5, 2026. The supplies will begin in 2027 and run across several years via ADNOC Commercial, the group’s marketing and trading arm, according to the announcement. This pact extends an earlier partnership that commenced with ADNOC Trading’s first direct LNG shipment to Thailand in 2025. The arrangement reinforces ADNOC’s position as a key supplier to Southeast Asia where energy needs are expanding steadily.
Gulf Group operates across energy and infrastructure sectors in Thailand and secured regulatory approval to import LNG for its portfolio of power plants, a company update from earlier in 2025 reported. The Thai firm received its first LNG cargo in January 2025 under a prior accord with ADNOC Trading, Gulf Energy Development stated at the time. That initial volume was processed at the Map Ta Phut LNG Terminal 2 before injection into the national pipeline network to serve the group’s facilities. Gulf holds a license permitting imports of up to 6.4 million tonnes annually, according to the Energy Regulatory Commission documentation cited in company releases.
Thailand continues to advance gas market deregulation to promote competition, bolster energy security and provide greater flexibility in procurement, Gulf Energy Development noted in its January 2025 statement. The policy seeks to stimulate industrial growth by enabling alternative suppliers to enter the market, the company added. Declining domestic reserves have driven the country toward higher LNG imports to sustain power generation and industrial demand, industry assessments indicate.
The agreement marks a further milestone for ADNOC Trading in building its international LNG portfolio, the company said. ADNOC is developing the Ruwais LNG project that will more than double existing production capacity to around 15 million tonnes per annum once operational, prior company disclosures show. The UAE producer has already concluded sales and purchase agreements for Ruwais output with European and Asian partners including EnBW and Petronas, according to successive announcements.
ADNOC Gas, the subsidiary overseeing gas and LNG operations, recorded net income of $665 million for the second quarter of 2026, company financial statements released earlier this year reported. The unit has made temporary production adjustments in response to regional shipping disruptions while maintaining focus on reliable supply to global customers. This latest Thai commitment aligns with ADNOC’s strategy to deepen ties across high-growth Asian markets.
Gulf plans to expand its natural gas business to address rising demand from industrial users and power generation, the company has stated. Its development of Map Ta Phut Industrial Port Phase 3 includes a new LNG terminal targeted for completion in 2027, with land reclamation now more than 95 percent finished according to project updates. The combined initiatives support Thailand’s broader aim of diversifying energy sources amid evolving market conditions.
