Gulf EnergyRegulatory · 2026-01-13 00:00

Gulf Energy Development's subsidiary signed a 15-year LNG supply agreement with Engie S.A. for 0.8 million tons per year, starting in 2028.

A wholly-owned subsidiary of Gulf Energy Development has finalized a 15-year LNG Sale and Purchase Agreement with Engie S.A. to secure 0.8 million tons of LNG annually for its power plants, with deliveries commencing in January 2028.

This agreement diversifies Thailand's LNG import sources, enhancing price and supply stability, and strengthening the country's long-term energy security and economic growth.

Fast Facts

·Agreement type: LNG Sale and Purchase Agreement
·Parties: Gulf Energy Development (subsidiary) and Engie S.A.
·Duration: 15 years
·Volume: Up to 0.8 million tons per year
·Start of delivery: January 1, 2028
·Purpose: Fuel for Gulf's power plants (GSRC, GPD, HKP, 19 SPP projects)
·LNG Shipper License: Up to 7.8 million tons per year (from ERC)
·Strategic benefit: Diversifies LNG sources, enhances energy security

LNG

Power Generation

Energy Trading

People Mentioned

Yupapin Wangviwat

Chief Financial Officer at Gulf Energy Development

Source

Gulf Energy Development's subsidiary signed a 15-year LNG supply agreement with Engie S.A. for 0.8 million tons per year, starting in 2028.