Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.22.0.1
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2021
SPL, CCL, and CCL Stage III [Member] | Natural Gas Supply, Transportation And Storage Service Agreements [Member]  
Long-term Purchase Commitment [Line Items]  
Contractual Obligation, Fiscal Year Maturity Schedule
As of December 31, 2021, the obligations of SPL, CCL and CCL Stage III under natural gas supply, transportation and storage service agreements for contracts in which conditions precedent were met were as follows (in billions):
Years Ending December 31, Payments Due (1)
2022 $ 8.8 
2023 6.3 
2024 4.6 
2025 3.3 
2026 2.7 
Thereafter 16.5 
Total $ 42.2 
(1)Pricing of natural gas supply contracts is variable based on market commodity basis prices adjusted for basis spread, and pricing of IPM agreements is variable based on global gas market prices less fixed liquefaction fees and certain costs by us. Amounts included are based on estimated forward prices and basis spreads as of December 31, 2021. Some of our contracts may not have been negotiated as part of arranging financing for the underlying assets providing the natural gas supply, transportation and storage services. Does not include incremental volumes of approximately 1,790 TBtu and 548 TBtu, respectively, pursuant to an amended IPM agreement and gas supply agreement with EOG Resources, Inc. that was executed subsequent to December 31, 2021, a portion of which is conditional on the in-service date of certain asset infrastructure and substantially all of which will be delivered after 2026.