ADNOC Signs Deal to Supply Up to 2 Million Tonnes of LNG to Thailand’s Gulf Group

This deal extends ADNOC's reach into Southeast Asia, a region where LNG demand is climbing as domestic gas supplies decline. For Gulf Group, locking in supply from a major producer reduces exposure to spot-market volatility, though the 2027 start leaves a gap before volumes flow. The open question is whether such long-term contracts become the norm for Asian buyers seeking supply security, or remain one-off moves amid the energy transition.