ADNOC Supplies 2 Million Tonnes of LNG to Thailand

Commodities16 days ago

Abu Dhabi National Oil Company has signed a new energy delivery pact to facilitate exports into Asia. The company entered an agreement with Gulf Group to supply up to 2 million tonnes of liquefied natural gas to Thailand, expanding the provider's footprint in Southeast Asia.

The deal is a key step in helping to satisfy growing global demand for gas, according to the company's chief executive officer. The agreement specifies the delivery of the fuel to meet regional energy requirements.

Mapped to your portfolio

Possible scenarios

45%Supply Deal Proceeds+0.0%
25%UAE LNG Expansion+0.1%
18%Delivery Disruptions Emerge-0.6%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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ADNOC Supplies 2 Million Tonnes of LNG to Thailand

In this story

Abu Dhabi National Oil Company Gulf Energy Development Thailand

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Supply Deal Proceeds+0.0%
25%UAE LNG Expansion+0.1%
18%Delivery Disruptions Emerge-0.6%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.