Gulf SRC is a subsidiary of Gulf Development Plc. Natural gas remains a cornerstone of global power generation despite mounting concerns over liquefied natural gas (LNG) shortages linked to Middle East tensions, according to Gulf Development Plc, Thailand's largest energy company by market value and a major telecoms operator. "We have received very little impact from LNG disruptions," he said, noting that Gulf has diversified purchases to countries outside the Middle East, particularly Nigeria. Gulf holds one of six LNG trading licences in Thailand, with approval to import up to 7.8 million tonnes annually. Thailand has suspended new coal-fired power projects under the scrapped 2024 Power Development Plan, with authorities now drafting a revised 2026 plan.

Source: Bangkok Post April 10, 2026 22:26 UTC