ADNOC has signed a new multi-year sales and purchase agreement with Gulf Group, a Thai energy and infrastructure conglomerate, covering liquefied natural gas supply into Asia starting in 2027.
Under the deal, ADNOC Trading will deliver approximately 2 million tonnes of LNG to Gulf Group over the contract’s duration. It extends a partnership that began with the companies’ first LNG supply agreement in 2025.
“This agreement builds on our first LNG supply agreement with Gulf Group and reinforces ADNOC’s commitment to ensuring reliable energy supplies to Thailand and our Asian customers. It marks another milestone in ADNOC’s global LNG marketing and trading platform, enhancing the scale, flexibility and optionality of our LNG solutions to meet growing global demand,” Nasser Al Muhairi, Acting CEO of ADNOC Downstream Industry, Marketing & Trading said in a statement.
“This agreement builds on the relationship we have established with ADNOC since 2025 and reflects our strategy: a diversified, resilient LNG portfolio anchored by our trading business. By securing midstream infrastructure, shipping capacity and relationships with leading suppliers, we are strengthening every link of our value chain. It gives Gulf Group the flexibility and scale to meet growing energy demand while supporting the region’s energy transition,” Sarath Ratanavadi, Chief Executive Officer of Gulf Development Public Company Limited added.
The agreement was arranged through ADNOC’s LNG marketing and trading platform, launched at Abu Dhabi Global Market in July 2026.
The platform consolidates the company’s LNG commercial operations into a single structure designed to improve shipping flexibility and customer access. ADNOC says it is targeting 47 million tonnes per annum of marketable LNG beyond 2030, a scale it says would rank it among the world’s leading LNG players.
ADNOC Trading, the counterparty for the deal, has built a third-party LNG portfolio over four years and operates from offices in Abu Dhabi, Singapore and Geneva.
