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Thailand LNG Demand Declines Amid Economic Slowdown and Increased Term Contracts

NATURAL GAS

Thailand's LNG imports fell by 11% to approximately 8.6 million tons from January to October 2025, driven by a slowdown in economic growth and reduced electricity consumption. The country has secured 3.4 million tons of LNG through long-term contracts, including a significant agreement with Eni, while spot tenders have decreased sharply. As economic forecasts predict further declines, regional LNG demand may face challenges due to turbine shortages and rising costs.

Thailand LNG Demand Declines Amid Economic Slowdown and Increased Term Contracts
Jan 6, 2026, 10:19 PM

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