ADNOC LNG Expands in Asia with 2 Million Tonnes Supply Deal
ADNOC LNG has signed a major multi-year agreement with Gulf Group to supply approximately 2 million tonnes of liquefied natural gas (LNG) starting in 2027. This deal strengthens ADNOC LNG's expansion into the Asian market and builds on an earlier supply agreement established in 2025. The contract, executed by ADNOC Trading, underscores the company's strategy to integrate marketing, trading, and logistics capabilities to increase its reach in Asia, where buyers are seeking flexible and diversified supply options.
The agreement is part of ADNOC LNG's broader commercial strategy to manage 47 million tonnes per annum (Mtpa) of marketable LNG beyond 2030. The company launched a global platform in Abu Dhabi in July 2026 to consolidate its LNG marketing and trading capabilities, aiming to enhance commercial flexibility and expand shipping options. ADNOC Trading will continue to act as the counterparty for commercial operations, connecting the portfolio with buyers across different markets.
For Gulf Group, the contract adds to its strategy of integrating LNG imports, midstream infrastructure, transportation, and power generation. The Thai energy conglomerate has import capacity of up to 7.8 Mtpa and plans to increase imports in 2026 to approximately 70 cargoes, equivalent to between 4 million and 5 million tonnes. Gulf Group is also developing LNG terminal infrastructure scheduled to begin commercial operations in the first quarter of 2029.
The deal highlights the growing importance of trading and transportation in the LNG value chain. ADNOC's strategy seeks to combine its own production with a broader commercial portfolio, allowing it to manage volumes from different origins and destinations. Maritime transportation is a critical component, with recent movements of ADNOC LNG cargoes to Asia demonstrating the logistical importance of connecting Gulf production facilities with major Asian consumption centers.