Centrica expands in Asia with Thai LNG deal
UK-headquartered energy company Centrica has signed an agreement with PTT for the Thai state-owned oil and gas company to supply liquefied natural gas for 10 years across a range of destinations in Asia, with deliveries expected to begin in 2028.
The deal marks a step forward in Centrica’s efforts to grow its LNG portfolio in Asia markets.
For PTT, it marks its first, long-term international LNG sale.
It’s been a busy week for PTT, which just announced it will buy 2 million tonnes a year of LNG from Alaska LNG over 20 years under a cooperation deal signed with Glenfarne Alaska LNG.
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