Bangkok – September 19, 2026 -- Memoranda of understanding, supply agreements and investment commitments worth a combined estimated $40 billion USD were announced or advanced by the end of day three at Gastech 2026 in Bangkok, spanning LNG supply, power generation, upstream development, petrochemicals and shipping.
China Gas Holdings Locks 20-Year US LNG Supply from Venture Global
China Gas Holdings and Venture Global LNG signed a 20-year sales and purchase agreement for 0.5 million tonnes per annum of US LNG starting in 2030, strengthening supply security for one of the world's largest energy markets.
GE Vernova and B.Grimm Power Expand Southeast Asian Turbine Capacity
GE Vernova and B.Grimm Power signed agreements covering natural gas-turbine supply and long-term services to support new and existing power-generation capacity in Malaysia and Thailand.
PETRONAS and PTTEP Formalize 35-Year Gas Production Deal
PETRONAS, PTTEP JDA and the Malaysia-Thailand Joint Authority finalized a 35-year production-sharing contract and natural gas sales agreement in the Malaysia-Thailand Joint Development Area, delivering new gas supply to both countries.
Eni Signs MOU with Senegal to Assess Five Offshore Oil Blocks
Eni and the Government of Senegal signed a memorandum of understanding to evaluate the oil potential of five offshore blocks aimed at expanding the country's energy production.
Sarawak Advances $1 Billion Petrochemicals Investment with Indorama Ventures
Sarawak finalized discussions with Indorama Ventures and Japanese partners on an estimated $1 billion downstream natural gas and petrochemicals investment in Bintulu, strengthening local industrial capacity.
Samsung Heavy Industries Wins $1.2 Billion LNG Carrier Order
Samsung Heavy Industries secured a $1.2 billion order for LNG carriers and crude oil tankers, adding fleet capacity required to sustain global energy trade. Separately, YPF CEO Horacio Marín said the company plans to sign two or three LNG sales agreements for its proposed Argentina LNG export project.
Bechtel Energy Cites Predictability as Key to Infrastructure Investment
During the session on natural gas infrastructure, Bechtel Energy President Paul Marsden said predictability in molecule production timing is becoming critical for large capital infrastructure decisions, given reliance on affordable, timely fuel delivery for households and cities.
Zimbabwe Seeks Grid Investment After Northern Oil Discovery
Zimbabwe's Deputy Minister for Energy & Power Development, Hon. Yeukai Simbanegavi, said the country has discovered oil in its northern region and is working with investors while needing to upgrade its national grid to attract further capital.
Hanwha Shipping CEO Frames Vessel Investment as 20-30 Year Commitment
Hanwha Shipping CEO James Sagar said shipping investment requires financing discipline across both supply and demand sides, with technology maintained throughout a vessel's operational life to preserve asset value over decades.
Nigeria LNG Chief Calls Methane a Lost Value Opportunity
Nigeria LNG Managing Director and CEO Adeleye Falade said redefining methane emissions as a lost value opportunity, once measurable, strengthens the business case for abatement across natural gas supply chains.