Sabine Pass Liquefaction, LLC
Exhibit 10.1
December 23, 2019
Cheniere Marketing International LLP
Fifth Floor, Berkeley Xxxxxx Xxxxx, Xxxxxxxx Xxxxxx
Xxxxxx XXX 0XX, Xxxxxx Xxxxxxx
Attn: Xxxx Xxxxxxxx, Managing Director
Re: | Letter Agreement regarding the Base SPA (“Letter Agreement”) |
Dear Sir or Madam:
The Parties have entered into that certain Amended and Restated LNG Sale and Purchase Agreement (FOB) dated August 5, 2014 between Sabine Pass Liquefaction, LLC and Cheniere Marketing International LLP (as assignee of Cheniere Marketing, LLC) (as amended and assigned, the “SPA”). Capitalized terms used but not defined herein shall have the meanings given them in the SPA. This Letter Agreement sets forth the terms of certain sales and purchases of LNG under the SPA.
The Parties hereby agree that, notwithstanding Section 9.2 and subject to Section 14 of the SPA, the FPC (expressed in USD per MMBtu) applicable to up to forty-three (43) cargoes scheduled for delivery in Contract Year 2020 shall equal USD one decimal six seven per MMBtu (US$1.67/MMBtu).
Please indicate Buyer’s agreement with the terms of this Letter Agreement by executing a copy of this Letter Agreement where indicated below and returning it to Seller.
Sincerely, | |
By: | /s/ Xxxxxxx X. Xxxxxxx |
Xxxxxxx X. Xxxxxxx | |
Chief Financial Officer | |
Accepted and Agreed:
Cheniere Marketing International LLP
acting by its managing member, Cheniere Marketing, LLC
By: | /s/ Xxxxxx Xxxxxx |
Xxxxxx Xxxxxx | |
Executive Vice President and Chief Commercial Officer | |
000 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxx 00000
x0 000-000-0000
