Thailand and the United States are accelerating talks on U.S.-produced liquefied natural gas (LNG) supply deals following damage to export infrastructure in Qatar caused by the Iran conflict, Reuters reported Wednesday, citing sources.

The negotiations center on a binding long-term agreement between Venture Global and Thailand's state-controlled energy company PTT PCL (BKK:PTT), according to the report.

The news outlet noted that such contracts typically run 15 years or more.

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