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Live Updates  >  Live Update Details

2026-05-27 19:47:54

[Thailand and the US Negotiate Long-Term LNG Contract] Sources familiar with the matter said on the 26th that Thailand intends to import more US liquefied natural gas (LNG), and the two sides are accelerating negotiations on a binding long-term purchase contract. According to two unnamed sources, Thailand's national oil company, Petronas, is negotiating the contract with US-based Global Venture LNG. They did not disclose the purchase size or contract term, but similar long-term contracts typically last for 15 years or more. (Xinhua)

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