Thai firms chase LNG deals as worldwide prices declineAn LNG receiving terminal in Map Ta Phut, Rayong. Thailand's leading energy companies are moving to lock in long-term liquefied natural gas (LNG) contracts as global prices are forecast to decline, in a bid to shield consumers from volatile electricity bills. Officials say the next few years will be critical as a surge in global LNG supply is expected to drive prices down. Gas remains a key fuel for Thailand's power generation, but domestic supply is shrinking. Long-term contracts, by contrast, offer predictable pricing and reduce exposure to sudden market swings.

Source: Bangkok Post February 09, 2026 23:17 UTC