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):
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.
Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation.
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
No definition available.