Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.19.3.a.u2
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2019
Long-term Purchase Commitment [Line Items]  
Contractual Obligation, Fiscal Year Maturity Schedule
As of December 31, 2019, SPL’s obligations under natural gas supply, transportation and storage service agreements for contracts in which conditions precedent were met were as follows (in millions): 
Years Ending December 31,
Payments Due (1)
2020
$
2,248

2021
1,334

2022
849

2023
640

2024
320

Thereafter
1,914

Total
$
7,305

 
(1)
Pricing of natural gas supply contracts are variable based on market commodity basis prices adjusted for basis spread. Amounts included are based on estimated forward prices and basis spreads as of December 31, 2019. 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.