Eni, the Italian energy giant, has secured a long-term liquefied natural gas (LNG) sales agreement with Thailand’s Gulf Development Company, reinforcing its strategy to expand a diversified global LNG portfolio and build stable, multi-year partnerships in key international markets.
Under the agreement, Eni will supply 0.8 million tons per annum (mmt/y) of LNG to Gulf Development, one of Thailand’s largest private power producers, for a period of 10 years, with deliveries starting in 2027 at regasification terminals in Thailand.
The new contract follows an earlier two-year deal signed in 2024, under which Eni agreed to supply around 0.5 mmt/y of LNG beginning in 2025.
This marks Eni’s first long-term LNG supply agreement with a Thai company and represents a significant step in strengthening its presence in the Asian energy market.
The deal also supports Eni’s broader ambition to grow its LNG portfolio to about 20 mmt/y by 2030, drawing on production from its projects in countries including Congo, Mozambique, the United States and Indonesia.
In 2025, Eni finalized two other major LNG deals: the first with the American Venture, marking its first long-term supply deal with a U.S. producer and with the Turkish BOTAŞ.
