Adnoc signs Thai LNG deal after Iran war disrupts Gulf supply
Adnoc has agreed to supply about two million tonnes of liquefied natural gas to Thailand's Gulf Development, with deliveries under a multi-year sales and purchase agreement to start in 2027. Adnoc did not disclose prices, the length of the contract or where the cargoes will be sourced from. The agreement builds on a first LNG supply deal between the companies signed in 2025, as Thailand seeks to diversify its supplies after the war curtailed shipments from the Gulf.
Why it matters: The agreement illustrates how the disruption of Gulf LNG flows is reordering energy security arrangements for Asian importers.