Thailand's state-owned energy company PT T PCL is exploring investments in US liquefied natural gas export projects to strengthen the nation's energy security. The company is in preliminary discussions with developers about equity stakes and long-term supply agreements, including talks with Woodside Energy Group Ltd. regarding its Louisiana LNG facility.

PT T PCL confirmed these discussions are ongoing but remain in early stages, with the US representing just one potential market for portfolio expansion. The move comes as several Asian LNG importers, including Thailand, have faced supply disruptions following the Iran conflict that has choked Middle Eastern shipments and driven up prices.

Thailand currently relies on a long-term contract with Qatar but has been forced to purchase costly spot cargoes to meet demand. This supply instability has accelerated interest in alternative projects like Woodside's Louisiana LNG plant, which aims to commence shipments in 2029 according to CEO Liz Westcott.

Meanwhile, the Thai government plans to fast-track investments in LNG import infrastructure. Energy Ministry Permanent Secretary Prasert Sinsukprasert cited growing electricity demand from new data centers as a key driver. The dual corporate and government push signals Thailand's strategic shift toward diversified, reliable energy supplies amid regional market volatility.