Gulf Energy stock: LNG deal with PetroChina targets 2027 deliveries
Published on 11/13/2026 at 01:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGulf expands LNG trading reach
- Gulf Development announced a partnership with PetroChina International to expand LNG trading into international markets.
- The company also reported strong third-quarter profit growth in a separate November update.
Gulf Development announced on Wednesday, November 11, 2026, that it is partnering with PetroChina International (Singapore) to expand LNG trading into international markets. The company said 0.3 million tonnes of LNG are scheduled for delivery in 2027, according to Gulf Development's Stories and Insights page.
International LNG trading expands
The agreement gives Gulf Development a new international trading angle alongside its established energy activities. The planned 2027 deliveries provide a defined timetable, while the commercial contribution will depend on execution and LNG market conditions.
Recent profit update adds context
Gulf Development's company page also lists a November 5 update reporting third-quarter 2026 net profit of THB 9,289 million, up 28 percent year on year. The company attributed that result to its energy business and its share of profit from AIS.
Gulf Development at a glance
- Company: Gulf Development Public Company Limited
- ISIN: TH8319010Z06
- Ticker: GULF.BK
- Headquarters: Bangkok, Thailand
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