Thailand mulls increasing LNG imports from US over next 5 years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: SeekingAlpha
Thailand's LNG Import Plans: Thailand intends to increase its liquefied natural gas imports from the United States over the next five years, aiming to become a regional distributor. An agreement is already in place for 1 million tonnes of LNG worth $500 million next year as part of a long-term plan.
Tariff Impact: The Trump administration has imposed a 36% tariff on Thailand, which will be discussed in an upcoming meeting with US officials regarding trade and tariffs.
Analyst Views on UNG
Wall Street analysts forecast UNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UNG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.430
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
