Gulf Energy Development has finalized a 15-year LNG Sale and Purchase Agreement with French energy major ENGIE S.A. The deal secures up to 0.8 million tons of LNG annually for Gulf's power plants, with deliveries commencing in January 2028.

This agreement diversifies Thailand's natural gas import sources, contributing to price and supply stability. It also strengthens the country's long-term energy security and supports overall economic growth.