ADNOC will supply around 2 million tonnes of LNG to Thailand's Gulf Group under a multi-year sales and purchase agreement starting in 2027. The deal deepens a supply relationship that began with the companies' first LNG contract in 2025.

ADNOC Trading will handle the deliveries over a multi-year period. Neither company disclosed the contract duration or other commercial terms.

Gulf Group is a Thai energy and infrastructure conglomerate. The new agreement covers LNG deliveries into Asia and follows ADNOC Trading's direct supply activities in the region.

Nasser Al Muhairi, acting CEO of ADNOC downstream industry, marketing and trading, said: "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."

Al Muhairi added: "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."

Why the platform matters

ADNOC said its LNG marketing and trading platform facilitated the agreement. The company launched the platform in the Abu Dhabi Global Market in July 2026, combining its LNG marketing and trading operations within one commercial structure.

According to ADNOC, the platform gives the company greater flexibility in LNG marketing and shipping arrangements. ADNOC remains the counterparty for LNG trading transactions and links its LNG portfolio with customers in international markets.

ADNOC has set a target of 47 mtpa of marketable LNG capacity beyond 2030. The platform is intended to support management and optimisation of that growing portfolio.

ADNOC Trading has built a third-party LNG portfolio over four years. It operates from offices in Singapore, Geneva and Abu Dhabi.

Asia remains the anchor market

The Gulf Group contract reinforces ADNOC's push into Asian LNG demand. In July this year, ADNOC finalised a 15-year SPA to supply 1 mtpa of LNG to Japan's Inpex from the Ruwais LNG project.

That Ruwais-linked agreement and the new Thai deal show ADNOC Trading locking in term buyers in Asia ahead of its post-2030 capacity buildout.

The watch item: first cargoes under the Gulf Group SPA are due from 2027, with commercial terms undisclosed.