Thailand and the United States negotiate long-term liquefied natural gas contracts

People familiar with the matter said on the 26th that Thailand intends to import more U.S. liquefied natural gas, and both sides are accelerating negotiations on a binding long-term purchase contract. According to two unnamed sources, PTT Public Company Limited (Thailand's national petroleum company) is negotiating this contract with Venture Global LNG, a U.S. company. They did not disclose the scale of the purchase or the term of the contract, but similar long-term contracts usually last for more than 15 years. (Xinhua News Agency)