Bloomberg: LNG Tolling Model Chosen for Quarter of U.S. Export Projects

24 Apr 2015: “About a quarter of U.S. LNG export projects that have signed contracts with buyers will operate on a tolling model, based on Poten & Partners data. That means the operator only provides liquefaction services, levying fixed fees and variable charges tied to volume, rather than risking exposure to volatile Henry Hub prices. Under the traditional model, a company, typically an oil major like Shell or Exxon, owns both the plant and the upstream gas reserves. It then sells LNG to large, creditworthy buyers.”