Gas
Eni secures first long-term LNG Deal with Thailand to bolster global expansion strategy
Eni will supply 0.8 million tons per annum (MTPA) of LNG to Gulf Development Company
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By ICN Bureau | December 05, 2025
Italian energy MNC Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, reinforcing its strategy to expand a diversified global portfolio and secure stable, multi-year relationships in key international markets.
Under the deal, Eni will supply 0.8 million tons per annum (MTPA) of LNG to Gulf Development Company, one of Thailand’s largest private power producers, for 10 years. Deliveries will begin in 2027 at regasification terminals across the country. The contract builds on a previous two-year agreement signed in 2024, under which Eni will supply approximately 0.5 MTPA of LNG starting in 2025.
The agreement marks Eni’s first long-term LNG supply to Thailand, a strategic move to strengthen its presence in Asia. It aligns with Eni’s plan to “diversify its global LNG footprint, expanding its customer base in markets with high potential,” and supports the company’s ambition to grow its LNG portfolio to around 20 MTPA by 2030, leveraging projects in Congo, Mozambique, the US, Indonesia, and other countries.
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