By: ICN Bureau
Last updated : October 07, 2026 2:18 pm
SPA underscores ADNOC’s commitment to ensuring reliable energy supplies to Asia
ADNOC has secured a multi-year Sales and Purchase Agreement (SPA) with Gulf Group, Thailand’s top energy and infrastructure conglomerate, to supply liquefied natural gas (LNG) across Asia.
ADNOC’s LNG marketing and trading platform facilitated the multi-year agreement, driving the company's integrated global gas growth strategy forward. Starting in 2027, ADNOC Trading will supply approximately 2 million tonnes of LNG to the Gulf Group.
Nasser Al Muhairi, Acting CEO of ADNOC Downstream Industry, Marketing & 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. 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."
The SPA extends a partnership between ADNOC and Gulf Group established through their first LNG supply agreement signed in 2025 and builds on ADNOC Trading's direct LNG deliveries to Asia.
Sarath Ratanavadi, Chief Executive Officer of Gulf Development Public Company Limited, said: "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."