Bird said that for Energia Costa Azul, Sempra`s liquefaction project in Ensenada, Mexico, and for Port Arthur, the agreements are based on the model of the Contract of Sale and Sale (SPA) and not on the toll. Cheniere is also developing Corpus Christi Stage 3, an extension that consists of seven middle-class trains to Corpus Christi, with an expected additional capacity of 10 million tons per year. The company expects to begin construction of Phase 3, as long as an engineering, purchase and construction contract, as well as additional commercial agreements will be concluded and adequate financing will be secured. Sempra has signed heads of agreements (HOAs) with the French company Total, the Japanese Mitsui and the Japanese gas company Tokyo Gas on the Costa Azul, as it announced in November 2018 and has effectively exhausted its export capacity for the first phase. "We see that the toll model is not the current model," Bird told CIHI. The agreements for the Port Arthur project in Texas, a Greenfield project developed by Sempra, are based on a FOB model, meaning sempra would take on the supply and transportation risk. Port Arthur received its Final Environmental Impact Statement (RDI) from the Federal Energy Regulatory Commission (FERC) in January and is expected to receive its final order from FERC later this year, with the Department of Energy`s (DOE) non-free trade agreement (FTA) to follow. In the final agreement concluded by Sempra in December 2018 with the Polish company PGNiG, it was announced that Port Arthur LNG would manage the transport, liquefaction and loading of the pipeline. The 20-year agreement is for 2mtpa. Based in the United States, Cheniere was the first LNG export developer to take over this contractual structure for its long-time customers in the Sabine Pass and Corpus Christi projects.

To do this, Cheniere has developed its own gas trading team in the United States, guaranteed pipeline transportation contracts and national gas supply contracts, and is today the largest buyer of natural gas in the United States. Eni SPA has signed agreements with Egypt, Egyptian General Petroleum Corp., Egyptian Natural Gas Holding Co. and Naturgy for the recommissioning of the 7.56 billion cubic meter per year Damietta liquefaction plant in Egypt in the first quarter of 2021. "We spent a lot of time at Sempra thinking about this transition [away from the toll model]," he said. H-Energy has a firm commitment with Hoegh LNG Holdings Ltd, through its 100% subsidiary Western Concessions Private Ltd. for the supply of its Hoegh Giant Floating Storage and Regasification Unit (FSRU) under a ten-year agreement. HOUSTON (CIHI) INTERVIEW: U.S. supplier Sempra, which is currently building the Cameron LNG export plant in Louisiana, is moving away from the initial toll model of its first tranche of contracts and to a free onboard model (FOB) or an old ship (DES) delivered, according to the new president of its LNG division, Justin Bird. Market sources said marketing talks in Port Arthur appeared to be advanced. Bechtel Oil, Gas and Chemicals Inc. is building Chenieres Corpus Christi LNG Train 3 and Sabine Pass LNG Train 6 on accelerated schedules, with Cheniere describing in his conference call both the guaranteed schedules and budget.

Corpus Christi Train 3 is more than 90% complete. .

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