Eni signs first long-term LNG agreement with Thailand

Eni SPA has entered its first long-term LNG supply deal with Thailand through a deal with Gulf Development Co.

Under the agreement, Eni will sell 800,000 tonnes/year of LNG for 10 years to the private power producer. The LNG will be delivered at regasification terminals in Thailand beginning in 2027.

The contract follows a 2-year deal signed by the two companies in 2024 for the supply of about 500,000 tonnes/year of LNG starting in 2025.