ADNOC Signed LNG Supply Deal for Gulf Group
The long-term agreement secures supply for the Thai energy firm as the Abu Dhabi entity expands its global market reach.
Updated on Oct. 12, 2026 in Oil and Gas
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ADNOC Trading has finalized an agreement to deliver up to 2 million tonnes of LNG to Thailand-based Gulf Group. Deliveries under the new supply contract are scheduled to commence in 2027.
Why it matters
The deal signals a significant step in meeting rising natural gas demand across Asia, further cementing the role of ADNOC as a key regional supplier. This move follows the launch of the firm's dedicated global marketing and trading platform in 2026.
The agreement covers up to 2 million tonnes of LNG, a portion of the 47 million tonnes per annum target set by ADNOC for the period beyond 2030. These efforts complement the $8.2 billion in contracts recently awarded for the Rich Gas Development project.
The players
ADNOC
The Abu Dhabi National Oil Company is a state-owned energy entity with significant upstream and downstream operations.
Gulf Group
Gulf Group is a Thailand-based energy company focused on power generation and infrastructure projects.
The details
The sales and purchase agreement is managed through the global LNG marketing and trading platform launched by ADNOC in July 2026. This platform integrates end-to-end shipping and marketing capabilities, allowing the firm to centralize its supply chain operations. The deal strengthens the existing relationship between the two companies, following a previous agreement signed in 2025.
Timeline
2025: ADNOC and Gulf Group signed their initial LNG supply agreement.
July 2026: ADNOC launched its global LNG marketing and trading platform.
2027: Deliveries under the new LNG agreement are scheduled to begin.
Beyond 2030: ADNOC targets a total capacity of 47 million tonnes of annual LNG supply.
Market Landscape
This agreement follows the established industry pattern of locking in long-term supply to capitalize on the rise in natural gas demand in Asian markets. It marks a significant expansion of the global trading footprint established by the platform launch in 2026.
Operators in the energy sector should monitor how the integration of marketing and shipping platforms impacts regional price stability and supply reliability. Managers should observe these long-term contracts as benchmarks for future supply chain procurement and risk mitigation strategies.
The takeaway
Large-scale supply agreements like this underscore the importance of vertically integrated trading platforms in managing volatile energy demand. Operators should review their own long-term vendor agreements to ensure similar provisions for supply certainty in regional growth markets.
Further reading
For broader trends in global energy trade, see our coverage of Oil and Gas.
Source note: This article includes information reported by Offshore-energy.
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