Singapore: PTT International Trading Pte., Ltd. (PTT) has signed a Heads of Agreement (HOA) for the long-term supply and sale of liquefied natural gas (LNG) with Centrica LNG Company Limited (Centrica).

According to Thai News Agency, PTT stated that this signing is PTTT’s first long-term LNG sales contract outside Thailand. PTTT will supply LNG to Centrica in Asia for a period of 10 years, starting from 2028 onwards. This will help increase efficiency in LNG supply chain management, focusing on creating flexibility in LNG product management to meet rapidly changing global market demands, and create added value for both organizations through mutual support and strengthening competitiveness in the international energy market. This is an important step for PTTT in creating sustainable growth in the global LNG trading market.