US exporter Cheniere has signed a deal with Thailand’s state-owned PTT
Cheniere signs Thai LNG supply agreement
State-owned PTT has inked its first US supply deal
US LNG exporter Cheniere continues to contract out supplies under long-term deals, with the latest being a 1mn t/yr SPA signed with Thailand’s state-owned PTT set to begin in 2026. Prices are indexed to the Henry Hub plus a fixed liquefaction fee. The LNG cargoes will be delivered on both a Fob and a Des basis. This is PTT’s “first direct LNG contract from a US producer”, says Cheniere CEO Jack Fusco. The Thai energy company has a target of “managing an LNG portfolio of 9mn t/yr by 2030”, says PTT president and CEO Auttapol Rerkpiboon, who adds that “by the end of this year, PTT’s LNG receiving terminals will [have a] regasification capacity of up to 19mn t/yr”. Cheniere has signed a spat
Also in this section
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub
