Document:

Change Order 1-27

 EXHIBIT 10.15 
 SCHEDULE D-2 
 UNILATERAL CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-001
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 18, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	Increase Sendout Pressure to 1440 PSIG
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: (attach additional documentation if necessary) 
 Increase sendout pressure of the Natural Gas as measured at the back-pressure control valve located just upstream of the Master Meter from 1250 psig to 1440 psig. Piping from outlet of the high pressure sendout pumps
through to and including the last flange of the LNG terminal shall be ANSI Class 900 lb. Temperature of sendout gas and all other requirements of the Minimum Acceptance Criteria and the Performance Guarantees as specified in Attachment S and
Attachment T of the Agreement shall be remain the same. 
 Contractor shall proceed with design solely on the basis of a 1440 psig sendout pressure and
prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement.

 Contractor shall commence with the performance of the change(s) described above on January 18, 2005.

 This Change Order is signed by Owner’s duly authorized representative. 
  

	
	
	/s/    Ed Lehotsky
	 Owner Representative
 Ed Lehotsky

  

	
	
	 January18, 2005

	 Date of signing

  

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-002
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: February 7, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 

 Adjustment to
Contract Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders
(#                )
	  	$	0
	 The Contract Price prior to this Change Order was
	  	$	646,936,000
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	1,500,000
	 The new Contract Price including this Change Order will be
	  	$	648,436,000

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is
1,095 Days following NTP 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP 
 Adjustment to other Changed Criteria: The Tank Subcontract will be awarded to MHI/MSI 
 Adjustment to Milestone Payment Schedule, Schedule C-1: 
  

	 	•	 	Milestone Number 2.02, LNG Tank Subcontract Awarded, will be increased by $1,500,000 from $3,234,680 to $4,734,680. The entire $1,500,000 increase will be provided as an increased
payment to the LNG Tank Subcontractor MHI/MSI 

  

	 	•	 	Milestone Number 4.03, “LNG Tank test piling started,” will be decreased by $350,000 from $3,234,680 to $2,784,680 to offset the payment to MHI/MSI for LNTP, as
described in the Adjustment to Payment Schedule, Schedule C-2 below 

 Adjustment to Monthly Payment
Schedule, Schedule C-2: 
  

	 	•	 	Payment for Month #2, Feb-05, will be increased by $350,000 from $2,005,502 to $2,355,502. The entire $350,000 increase will be provided as a payment for Limited Notice to Proceed
to the LNG Tank Subcontractor MHI/MSI 

 Adjustment to Minimum Acceptance Criteria: None 

 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement:  
 MHI/MSI shall be awarded the Tank Subcontract 
 This Change Order shall constitute a full and final settlement
and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change
Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties, duly authorized representatives.

  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	February 7, 2005
	Date of Signing	 		 	 Date of Signing

			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President
	 		 	
			
	 February 7, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 February 7, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

 SCHEDULE D-2 
 UNILATERAL CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-003
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 25, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work 
 Contractor shall delete the High
Pressure Compressor from its scope (included in the reimbursable scope) and instead install only the tie-ins and space necessary for a “Future” diesel driven compressor. All other requirements of the Agreement shall remain the same.

 Discussions with FERC indicate that they feel a High Pressure Sendout Compressor is required in case the LNG Tanks are de-inventoried in order to
“mothball” the LNG Terminal. Since this is a very remote possibility, and since venting of this gas is neither a safety nor environmental concern, Owner will present formal arguments to FERC to delete this requirement. Failing this, Owner
will propose to FERC that only connections and space are provided for this compressor. If the Terminal is mothballed, Owner will purchase or rent a portable compressor(s), heater, and other equipment, install it, and accomplish the required transfer
to the pipeline. 
 Contractor shall proceed with design as described above and prepare the required documentation, including a completed Schedule D-3 in
accordance with Article 6.1A of the Agreement. 
 Contractor shall commence with the performance of the change(s) described
above on January 25, 2005. 
 This Change Order is signed by Owner’s duly authorized representatives.

  

					
			
	/s/ Charif Souki	 		 	 /s/ Keith Meyer

	 * Charif Souki
 Chairman
	 		 	 * Keith Meyer
 President

			
	 	 		 	 
	February 11, 2005	 		 	February 9, 2005
	Date of Signing	 		 	 Date of Signing

			
	 	 		 	 
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 	 		 	 
	 January 25, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

 SCHEDULE E-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-004
	 Storage and Regasification Termina100l
	  	
		  	DATE OF CHANGE ORDER: 03/22/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: Approval of Change Orders via Schedule D-1 and D-2 (Rev. 1) of the EPC Agreement will require the signatures of both Messrs. Charif Souki and Keith Meyer,
in addition to the designated Owner Representative, Ed Lehotsky. This requirement will not apply to any other correspondence under the EPC Agreement. 
 A revised copy of Schedules D-1 and D-2 is attached reflecting the above change. 
  

 Adjustment to Contract Price 
  

				
	 The original Contract Price was
	 	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002)
	 	$	1,500,000
	 The Contract Price prior to this Change Order was
	 	$	648,436,000
	 The Contract Price will be unchanged by this Change Order in the amount of
	 	$	 0
	 The new Contract Price including this Change Order will be
	 	$	648,436,000

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule:
None 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: N/A 
  

 1 

 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the
change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of
this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any
previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	 March 31, 2005

	Date of Signing	 		 	 Date of Signing

			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President
	 		 	
			
	 March 29, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	   	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

  

 2 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-005
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 3/23/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 On March 14, 2005, Owner requested Contractor to delay
placement of the following insurance coverages required under Section 7.1.B, Section 9.1 and Attachment O in the EPC Agreement as part of its effort to reduce the Actual Insurance Costs: the insurance coverages required under
Section 1A.5, 1A.6, 1A.7, 1A.8, 1A.11, 1A.12 and 1A.14 of Attachment O; the increase in the coverage under Section 1A.4 of Attachment O from minimum limits of U.S.$10,000,000 to U.S.$100,000,000 each occurrence and aggregate;
and certain insurance coverages specified in Section 1A.9 and 1A.10 of Attachment O, as specified in greater detail below. 
 In accordance with
Attachment O, Section 1.B, Contractor shall procure the coverages specified in Sections 1A.4 (having the minimum limits of U.S. $100,000,000 for each occurrence and aggregate), 1A.5, 1A.6, 1A.7, 1A.8, 1A.11, 1A.12 and 1A.14 of
Attachment O no later than June 3, 2005. 
 In accordance with Attachment O, Section 1.B, Contractor shall procure a portion of the
coverages required under Sections 1A.9 and 1A.10 of Attachment O no later than NTP or as soon as reasonably possible thereafter. The Parties agree that the portion of insurance under Section 1A.9 and 1A.10 which is required to be
procured by NTP or as soon as reasonably possible thereafter is specified in the attached term sheet. The difference in coverages between (a) the coverages specified in Section 1A.9 and 1A.10 of Attachment O and (b) the
coverages specified in the attached term sheet shall be procured by Contractor no later than June 3, 2005. The terms and coverages specified in the attached term sheet are only approved for the purpose of determining the coverages required to
be provided up to June 3, 2005. 
 Contractor’s obligation to notify and document the Actual Insurance Cost in Section 7.1.B of the Agreement
shall be extended to June 3, 2005. 
 Owner understands that there is the potential that as a result of delayed purchase of those Project Insurances
specified above that: 1) the final costs for the Project Insurances may increase beyond what would be obtainable at NTP, and 2) certain coverages required in the Project Insurances may become unavailable due to changes in the insurance market. The
cost of the Project Insurances payable by Owner to Contractor shall be as provided under Section 7.1B. 
  

 Adjustment to Contract Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002)
	  	$	1,500,000
	 The Contract Price prior to this Change Order was
	  	$	648,436,000
	 The Contract Price will be changed by this Change Order in the amount of
	  	 	0
	 The new Contract Price including this Change Order will be
	  	$	648,436,000

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
  

 1 

 The Target Bonus Date will be unchanged. 
 The Guaranteed Substantial Completion Date will be unchanged 
 Adjustment to other Changed Criteria: N/A 
 Adjustment to Payment Schedule: None 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: None 
 This Change Order
shall not constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and therefore shall not be deemed to compensate Contractor fully for such
change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original
Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change
Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	 March 30, 2005

	Date of Signing	 		 	 Date of Signing

			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President
	 		 	
			
	 March 29, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 March 29, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

  

 2 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-006
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: April 18, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 Attachment EE of the Agreement is replaced by the attached
Attachment EE, Rev 1. All references in the Agreement to Attachment EE shall be understood to refer to Attachment EE, Rev 1. 
 Adjustment to Contract
Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002)
	  	$	1,500,000
	 The Contract Price prior to this Change Order was
	  	$	648,436,000
	 The Contract Price will be unchanged by this Change Order
	  	$	0
	 The new Contract Price including this Change Order will be
	  	$	648,436,000

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP 
 Adjustment to other Changed Criteria: None  
 Adjustment to Minimum Acceptance Criteria: None  
 Adjustment to Performance Guarantees: None  
 Adjustment to Design
Basis: None 
  

 1 

 Other adjustments to liability or obligation of Contractor or Owner under the
Agreement: 
  

	 	1.	In addition to the due Monthly Payments, Milestone Payments, and Reimbursable Costs described in the Agreement, Contractor shall invoice the applicable Tank Subcontract Materials
Adjustment in the Month immediately following the Month in which the materials are received (ex-mill or ex-works) by the Tank Subcontractor, and Owner shall make payment to Contractor in accordance with Section 7.2E of the Agreement.

  

	 	2.	To provide clarification, Owner and Contractor have jointly performed the sample calculations shown in Table 1 below using the formulas set forth in Sections 3.2 through 3.9 of
Attachment EE Rev 1. The total and component amounts shown in Table 1 are the cost reimbursable material escalation amounts that would be due and payable to Contractor for the period from January 2004 through October 2004, subject to shipment of all
affected materials. October 2004 was selected since the LNG Tank Subcontractor had initially updated its proposal to the Contractor as of that date. This escalation amount is not currently included in the Contract Price from Contractor to
Owner. 

 Table I, Sample Calculation through October 2004 
  

							
	 	  	 	  	Oct 04
Index	  	Oct 04
Escalation
	3.2	  	9% Ni Steel	  	13440	  	4,739,797.00
	3.3	  	Rebar & Anchors	  	520	  	245,313.40
	3.4	  	Tank Stainless Steel	  	3480	  	205,097.28
	3.5	  	Aluminum	  	137	  	310,857.79
	3.6	  	Carbon Steel	  	744	  	8,368,940.93
	3.7	  	Structural Steel	  	574	  	2,582,096.83
	3.8	  	Piping & Valves	  	3480	  	1,262,923.94
		  	Total Escalation to October 2004	  		  	$17,715,027.17

 Owner, Contractor, and the Tank Subcontractor have also jointly developed a package, as per
Contractor letter to Owner dated March 17, 2005, which provides supporting details and adequately documents the formulas for the Tank Subcontract Materials Adjustments shown in Attachment EE, Rev. 1. Contractor will confirm quantities provided
by Tank Subcontractor for rebar by September 2005 and will confirm remaining quantities provided by Tank Subcontractor for structural steel by December 2005. All other quantities have been provided to Owner. 
  

 2 

 Attachment EE Rev 1 and the Change Order will prevail should any inconsistency occur between Contractor
letter of March 17, 2005, and Attachment EE Rev 1 and the Change Order. 
 Upon execution of this Change Order by Owner and Contractor, the
above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and
conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	 April 26, 2005

	Date of Signing	 		 	 Date of Signing

			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President
	 		 	
			
	 April 21, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 April 20, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

  

 3 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-007
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: June 2, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
  

	 	1.	Refer to Article 7.1.B, “Insurance Allowance,” and incorporate the following “Actual Insurance Cost:” 

  
  

				
	 Builders Risk
	  		
	 - Base Policy
	  	$	5,330,000
	 - Base DSU Policy
	  	$	2,474,594
	 -Wind/Flood DSU Deductible
	  	$	247,593
	 - Excess Wind/Flood
	  	$	1,900,000
	 - Excess Wind/Flood Taxes
	  	$	69,975
		  	 	 
		  	$	10,022,162
		
	 Marine Cargo
	  		
	 - Hard Cost Premium
	  	$	150,000
	 - DSU Premium
	  	$	735,708
		  	 	 
		  	$	885,708
		
	 General Liability (Owner Share)
	  		
	 - Named Insured
	  	$	580,740
	 - Pollution Legal Liability
	  	$	177,443
		  	 	 
		  	$	758,183
		
	 Marine General Liability
	  	$	425,000
		
	 Total “Actual Insurance Cost”
	  	$	12,091,053

  

	 	2.	Refer to Article 7.1.B, “Insurance Allowance,” and the above “Actual Insurance Cost,” and increase the Contract Price by the difference as follows:

  

				
	 “Actual Insurance Cost”
	  	$	12,091,053
	 “Insurance Allowance”
	  	$	5,600,000
		  	 	 
		  	$	6,491,053

  

 Page 1 of 3 

	 	3.	Refer to Article 7.1.B, “Insurance Allowance,” and Article 9.1.A, “Provision of Insurance,” and incorporate Attachment O, Revision 1, which is made a part of
this Change Order by attachment. All references in the Agreement to Attachment O shall be understood to refer to Attachment O, Revision 1. 

  

	 	4.	Refer to Article 7.1.B, “Insurance Allowance,” and in the fourth line delete the words, “charterer legal liability” and replace with “marine general
liability.” 

  

 Adjustment to Contract Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002)
	  	$	1,500,000
	 The Contract Price prior to this Change Order was
	  	$	648,436,000
	 The Contract Price will be changed by this Change Order in the amount of
	  	$	6,491,053
	 The new Contract Price including this Change Order will be
	  	$	654,927,053

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date
will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The
Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule: Refer to Schedule C-l “Milestone Payment Schedule”
and add the following: 
 - Milestone Number 3.10 Actual Insurance Cost—Payment 1: $ 2,588,756 
 - Milestone Number 13.05 Actual Insurance Cost—Payment 2: $ 3,902,297 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: None 
 This Change Order
shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change; provided,
however, that the Parties acknowledge and agree that the “Actual Insurance Cost” herein is based on current estimates and is subject to further adjustment based on final costs for marine cargo insurance, marine general liability insurance,
taxes for excess wind and flood coverage, and Marine Terminal Liability Operations insurance. 
  

 Page 2 of 3 

 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding
part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and
effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	Owner	 		 	 Contractor

			
	Charif Souki	 		 	C. Asok Kumar
	Name	 		 	 Name

			
	CEO	 		 	 Project Director

	Title	 		 	 Title

			
	June 3, 2005	 		 	June 6, 2005
	Date of Signing	 		 	 Date of Signing

			
	 /s/ Keith Meyer
	 		 	 
	Owner	 		 	
			
	 Keith Meyer
	 		 	 
	Name	 		 	
			
	   	 		 	 
	Title	 		 	
			
	 June 3, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 Owner
	 		 	
			
	 Ed Lehotsky
	 		 	 
	 Name
	 		 	
			
	 Owner Representative
	 		 	 
	Title	 		 	
			
	 June 2, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Stanley C. Horton
	 		 	 
	 Owner
	 		 	
			
	 Stanley C. Horton
	 		 	 
	 Name
	 		 	
			
	 President and COO
	 		 	 
	Title	 		 	
			
	 June 3, 2005
	 		 	 
	Date of Signing	 		 	

  

 Page 3 of 3 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-008
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 06/13/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 Approval of Change Orders via Schedule D-l and D-2 of the EPC
Agreement will require the signatures of Messrs. Charif Souki (except as further provided in the next sentence), Stan Horton, Keith Meyer, in addition to the designated Owner Representative, Ed Lehotsky. Mr. Horton is authorized to sign Change
Orders on behalf of Mr. Souki during Mr. Souki’s absence. This requirement will not apply to any other correspondence under the EPC Agreement. 
 A revised copy of Schedules D-l (Rev 2) and D-2 (Rev 2) is attached reflecting the above change. 
  

 Adjustment to Contract Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002 & 007)
	  	$	7,991,053
	 The Contract Price prior to this Change Order was
	  	$	654,927,053
	 The Contract Price will be unchanged by this Change Order in the amount of
	  	$	0
	 The new Contract Price including this Change Order will be
	  	$	654,927,053

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule:
None 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: N/A 
  

 1 

 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change
as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this
Change Order by Owner and Contractor, the above referenced change shall become a valid and binding part of the original Agreement without exception or qualification unless noted in this Change Order. Except as modified by this and any previously
issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	June 20, 2005	 		 	June 23, 2005
	Date of Signing	 		 	 Date of Signing

			
	 /s/ Stan Horton
	 		 	 
	 * Stan Horton
 President & COO Cheniere
Energy
	 		 	
			
	   	 		 	 
	Date of Signing	 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President Cheniere LNG
	 		 	
			
	 June 17, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	   	 		 	 
	Date of Signing	 		 	

  

	*Required	Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence. 

  

 2 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-009
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: June 20, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Attachment EE Adjustments (Stainless Steel, Marine Loading Arms & BOG Compressor)

  

 The Agreement between the Parties listed above is changed as follows: 
  

	Reference:	Contract Attachment EE (Stainless Steel Adjustment, Tank Subcontract Materials Adjustment, Marine Loading Arm Adjustment and BOG Compressor Adjustment) Bechtel Letter SDN
25027-001-T05-GAM-00039 dated March 17, 2005 Bechtel Letter SDN 25027-001-T05-GAM-00062 dated April 26, 2005 

 Per Executed Change
Order No. SP/BE-006 (signed April 26, 2005), Attachment EE Rev. l, the Contract Price is adjusted as follows: 
 Stainless Steel Adjustment: The
Stainless Steel adjustment, which is used to account for the changes in commodity pricing of 304L stainless steel pipe, fittings and flanges as described in Section 7.ID of the Agreement, shall be determined in accordance with Section 1 of
Attachment EE, Rev. 1. All calculations shall be rounded to four (4) decimal places. See attached document titled “Contract Att. EE Rev. 1 Adjustments,” dated June 16, 2005, 1 page, supporting total upward adjustment amount of
$10,305,924. 
 Marine Loading Arm Adjustment and BOG Compressor Adjustment: The Marine Loading Arm Adjustment and BOG Compressor Adjustment, which
are used to take into account currency fluctuations as described in Sections 7.1 ,F and 7.1 .G respectively, shall be determined in accordance with Section 2 of Attachment EE, Rev, 1. All calculations shall be rounded to four (4) decimal
places. All currency exchange rates shall be determined using FxConverter on website http://www.oanda.com/convert/classic. See attached document titled “Contract Att. EE Rev. 1 Adjustments, “ dated June 16, 2005, 1 page,
supporting total upward adjustment amount of $102,010 
  

  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002 & 007)
	  	$	7,991,053
	 The Contract Price prior to this Change Order was
	  	$	654,927,053
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	10,407,934
	 The new Contact Price including this Change Order will be
	  	$	665,334,987

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the
date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-009
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: June 20, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Attachment EE Adjustments (Stainless Steel, Marine Loading Arms & BOG Compressor)

  

 The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed
Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones” 1 page, dated
June 16, 2005 
 Adjustment to Minimum Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: No Change 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order
shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 

Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without
exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed
by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Manager

		 		 	 Title

			
	   	 		 	6/20/05
	Date of Signing	 		 	 Date of Signing

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-009
	 Storage and Regasification Terminal
	  	
		
	 DATE OF CHANGE ORDER: June 20, 2005
	  	OWNER: Sabine Pass LNG, L.P.
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Attachment EE Adjustments (Stainless Steel, Marine Loading Arms & BOG Compressor) 
  

  

					
			
	/s/ Stan Horton	 		 	 
	 * Stan Horton
 President & COO Cheniere Energy
	 		 	
			
	   	 		 	 
	Date of Signing	 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President Cheniere LNG
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-010
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 6/17/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 FERC Cryogenic Review

 In accordance with Attachment A, Section 13.4, “Additional FERC Requirements,” Contractor was directed by Owner to incorporate FERC
Cryogenic review comments imposed by FERC after June 1, 2004. Approval to incorporate comments is based on the following referenced documents previously provided to Owner: 
  

	 	•	 	Owner Meeting Action Items, No. 14, Issue No. 3, dated February 2, 2005 

	 	•	 	Bechtel Conference Notes 25027-001-G15-GAM-00008 dated February 7, 2005 

	 	•	 	Bechtel Conference Notes 25027-001-G-15-GAM-00009 dated February 15, 2005, Item No. 4 

	 	•	 	Bechtel Letter SDN 25027-001-T05-GAM-00031 dated March 4, 2005 

 Changes to Scope of Work are included in the following documents: 
  

	 	•	 	Trend T-008 - Cryogenic Comments, dated April 15, 2005 

	 	•	 	Owner’s response to FERC, Docket No. CPO4-47-000 “Cryogenic Information Request,” 34 pages 

	 	•	 	Lump Sum Change Order “FERC Cryogenic Comments - Detail Estimate (BECR-002) / Revised per Owner Comments” Revision 3, dated June 9, 2005, 3 pages.

	 	•	 	“FERC Cryogenic Comments - Payment Milestones (BECR-002)” dated June 9, 2005 

 Detailed Reasons for Proposed Change(s) (provide detailed reasons for the proposed change, and attach all supporting documentation required under the Agreement) 
 Per Attachment A, Article 13.4 of the Agreement, Contractor shall commence work on any additional requirements imposed by FERC after June 1, 2004, and which are not
included in the Scope of Work or the Agreement. Details of the proposed change and supporting documents are listed above. 
 Note: This Change Order does not
address or include Changed Criteria for other additional FERC requirements under Attachment A, Article 13.4, since sufficient information is only available to address the FERC Cryogenic comments. Other outstanding potential issues will be addressed
individually, as requested by Owner, and will be the subject of a separate Change Order as may be appropriate. Reference Owner letter SP-13E-C-038 dated March 31, 2005 and Contractor letter SDN-25027-001-T05-GAM-00055 dated April 12, 2005.

  

 Adjustment to Contract Price

  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders OSP/BE-002, 007& 009
	  	$	18,398,987
	 The Contract Price prior to this Change Order was
	  	$	665,334,987
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	4,378,557
	 The new Contract Price including this Change Order will be
	  	$	669,713,544

 Adjustment to dates in Project Schedule 
  

 The following dates are modified (list all dates modified; insert N/A if no dates modified):  
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as
of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 

The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule: See attached “FERC Cryogenic Comments—Payment Milestones,” 1 page, dated June 9, 2005. 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees:
None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: N/A 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the
Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the
above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and
conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	   	 		 	C. Asok Kumar
	Date of Signing	 		 	 Name

			
	 /s/ Stan Horton
	 		 	 Project Director

	 *Stan Horton
 President & COO Cheniere
Energy
	 		 	 Title

			
	 July 19, 2005
	 		 	July 29, 2005
	Date of Signing	 		 	 Date of Signing

  

 Rev. 2 

					
			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President Cheniere LNG
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	

 *Required Owner Signature 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-011
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: June 24, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 Owner and Contractor agree that the
Agreement shall be amended as follows: 
  

	1.	The following new Section 11.10 shall be added to the Agreement: 

 “11.10 Early Completion Bonus. Contractor shall earn an early completion bonus in the amount of Sixty-Seven Thousand U.S. Dollars (U.S.$67,000) per Day for each complete Day that Contractor achieves Early
Completion prior to April 1, 2008 (the “Early Completion Date”), up to a maximum of Six Million U.S. Dollars (U.S.$6,000,000) (the “Early Completion Bonus”). Neither the Early Completion Date nor the Early
Completion Bonus shall be subject to adjustment or extension under any circumstance, whether by Change Order or other provision of the Agreement (including an event of Force Majeure or Owner caused delay). If Contractor earns the Early Completion
Bonus or any portion thereof, Contractor shall invoice Owner for the applicable amount of such Early Completion Bonus, and Owner shall pay Contractor the applicable amount of such Early Completion Bonus within the time required under this Agreement
for making payments of amounts invoiced by Contractor. The failure of Contractor to earn the Early Completion Bonus shall not create a separate liability for either Owner or Contractor under this Agreement.” 
  

	2.	The following definitions shall be added under Section 1.1 to the Agreement: 

 “Early Completion” shall mean that all of the following have occurred with respect to the Facility: (i) Cool Down has been completed for System 1 and System 2; (ii) Contractor has
completed all procurement, fabrication, assembly, erection, installation and precommissioning checks of all of the vaporizers for the Facility to ensure that all such vaporizers and each component thereof was sufficiently fabricated, assembled,
erected and installed so as to be capable of being operated safely within the requirements contained in this Agreement, and thirteen vaporizers have been operated to their rated capacity; (iii) Contractor has completed all procurement,
fabrication, assembly, erection, installation and pre-commissioning checks and tests of System 1 and System 2 to ensure that these Systems and each component thereof was sufficiently fabricated, assembled, erected and installed so as to be capable
of being operated safely within the requirements contained in this Agreement; and (iv) System 1 and System 2, collectively, are capable of a Sendout Rate of 2,000 MMSCFD or above at a temperature of no less than 40°F and at a pressure of no
less than 1,440 PSIG, as measured at the exit for the main Facility transfer meter. The status of being “capable” shall be determined by such tests or operational records as may be mutually agreed by the Parties prior to Contractor’s
achievement of Early Completion. 
 “Early Completion Bonus” has the meaning set forth in Section 11.10.

 “Early Completion Date” has the meaning set forth in Section 11.10.” 

 There are no other modifications to the Agreement relating to this Change Order. 
  

 Adjustment to Contract Price 

 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002, 007, 009 & 010)
	  	$	22,777,544
	 The Contract Price prior to this Change Order was
	  	$	669,713,544
	The Contract Price will be increased by a separate Change Order if Contractor earns the Early Completion Bonus or any portion thereof as per the provisions of the Change Order	  		

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date
will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following
NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule: A separate Change Order will be required to adjust the Payment Schedule if Contractor earns the Early Completion Bonus or any portion thereof 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: None 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: N/A 
 This Change Order shall not
constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall not be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without
exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed
by each of the Parties’ duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	July 29, 2005
	Date of Signing	 		 	 Date of Signing

					
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere
Energy
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 *Keith Meyer
 President Cheniere LNG
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 July 19, 2005
	 		 	 
	Date of Signing	 		 	

 *Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during
Mr. Souki’s absence. 
  

 SCHEDULE D-2 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving
	  	CHANGE ORDER NUMBER: SP/BE-012
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 7/12/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: BECHTEL CORPORATION
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: 
 Implement the following
P&ID and Cause & Effect Scope Option Items (refer to the attached Trend Matrix for further information) as discussed in the review meetings and subsequent correspondence: 
  

							
	Item	  	 Description
	  	Prelim Cost
Estimates	 
	3.06	  	Add local and remote actuators for (4) 16” and (2) 24” valves	  	$	240,000	 
	4.16	  	Delete 10” SS insulated tanker BOG vent line to storage tanks	  	$	(200,000	)
	7.04	  	Add actuators to (3) 30” valves	  	 	(150,000	 
	9.03	  	Nitrogen snuffing system piping revision at (3) Tanks	  	$	 80,000	 
	10.04	  	Add Tank mixing jumper line - (1) location	  	$	100,000	 
	13.01	  	Add actuators and Jump over line for Recondensor	  	$	 50,000	 
	18.05	  	Add 42” future connection to the gas metering	  	$	 20,000	 
	19.06	  	Delete LP vent stack, associated piping & valves from Tank area	  	$	(120,000	)
	20.05	  	Add switch in Control Room	  	$	 0	 
	20.06	  	Add Jumper to Blower section & move valves	  	$	 60,000	 
	10.00	  	Cause & Effect scope - Add thermal relief valves	  	$	120,000	 
			
		  	Total Order of Magnitude Cost	  	$	500,000	 

 Contractor shall proceed with the above design changes and prepare detailed Lump Sum cost estimates. Upon final
review and approval by Owner of the detailed estimate, Contractor shall prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor
shall commence with the performance of the change(s) described above on July 18, 2005 
 This Change Order is
signed by Owner’s duly authorized representatives. 
  

					
			
	/s/ Charif Souki	 		 	/s/ Stan Horton
	 *Charif Souki
 Chairman
	 		 	 *Stan Horton
 President and COO Cheniere Energy

			
	   	 		 	July 19, 2005
	Date of Signing	 		 	 Date of Signing

					
			
	/s/ Keith Meyer	 		 	/s/ Ed Lehotsky
	 *Keith Meyer
 President Cheniere LNG
	 		 	 *Ed Lehotsky
 Owner Representative

			
	July 19, 2005	 		 	July 19, 2005
	Date of Signing	 		 	 Date of Signing

 *Required Owner signature-Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-2 
 UNILATERAL CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-013
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 7/18/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to the Work 
 Implement the following SCV Options to be included
in the SCV design as referenced in the attached Bechtel letter GAM-00117 dated June 30, 2005. 
 1) Two (2) each stainless
steel SS 3” diameter blind block /check valves for taking water circulation pump out of service, blinded tee and solenoid valve for future connection of utility water. Excludes future utility water piping, wiring from MCC starter to solenoid
valve and extra terminal on motor starter. 
 3) Replace PLC with DCS Control. Your project team should work with James Pfeffer on the design
of the DCS control. Refer to Owner’s letter SP-BE-C-084 for further guidance, a copy of which is attached to this Change Order. 
 4)
Provide vaporizer modification on all 16 units to accommodate a hot water sparger in the water bath for waste heat recovery from gas turbine exhaust, as well all other items captured in this item. 
 8) Sixteen (16) each 42’ exhaust stacks in SS rather than painted CS 
 Contractor shall proceed with the above design changes and prepare the required documentation, including a completed Schedule D-3 in accordance with Articles 6.1A and 6.1C of the Agreement. 
  

 Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor shall commence with the performance
of the change(s) described above on July 18, 2005 
 This Change Order is signed by Owner’s duly authorized representatives. 
  

					
		 		 	
			
	/s/ Charif Souki	 		 	/s/ Stan Horton
	 Charif Souki
 Chairman
	 		 	 *Stan Horton
 President and COO Cheniere
Energy

		 		 	
			
	   	 		 	July 19, 2005
	Date of Signing	 		 	Date of Signing

  

 1 

					
		 		 	
			
	/s/ Keith Meyer	 		 	/s/ Ed Lehotsky
	 * Keith Meyer
 President Cheniere LNG
	 		 	 * Ed Lehotsky
 Owner
Representative

		 		 	
			
	July 19, 2005	 		 	July 19, 2005
	Date of Signing	 		 	Date of Signing

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

  

 2 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-014
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Air Permit Revision by T-Thermal - Best Available Control Technology (BACT) 
  

 The Agreement between the Parties listed above
is changed as follows: 
 In accordance with the EPC Agreement, Attachment A, Schedule A-l, Section 13.2, Owner directs Contractor to modify
submerged combustion vaporizers as necessary to meet the requirements of the air permit. This includes the following: 
  

	 	1.)	Basic BACT emission compliance (40 ppm NOx to 30 ppm NOx): Consists of blower motor HP increase from 600 to 800 HP, increased flue gas sparger size to accommodate the increased flue
gas flow, increased combustion air piping to accommodate the increased air flow and more sophisticated fuel/air ratio controls. 

  

	 	2.)	Compliance with reduced CO (80 ppm to 40 ppm) per LDEQ permit is not required; however, Owner agrees to fund initial design, drafting and project management already expended by
T-Thermal in its efforts to achieve CO emissions (80 ppm to 40ppm). 

  

	 	3.)	Increased stack height: From 38 feet to 42 feet above bottom of SCV as directed by Owner 

 On June 27, 2005, a meeting was held among Owner, Bechtel and the SCV supplier (T-Thermal), to review scope of work and pricing provided by T-Thermal to Contractor in BECR-004, dated June 3, 2005. This
Change Order incorporates Owner’s (J. Kaucher and D. Granger) selection of work scope and agreement on direct pricing from T-Thermal to Contractor, Owner’s direction to delete the requirement of 40ppm CO at 3% O2 necessary to comply with
the current LDEQ permit (Note: Owner advised Bechtel a permit revision request would be submitted and obtained from LDEQ for this), and incorporation of pricing methodology agreed between Bechtel and Owner on August 3, 2005. 
 See attached files for details: 

	 	•	 	“T-0020a Trend Form Rev BACT and Emissions Rev 2a.xls” dated August 2, 2005, 1 page 

	 	•	 	“T-0020a Payment Milestones Rev 2.xls” dated August 2,2005, 1 page 

 Adjustment to Contract Price 
  

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002 thru 013)
	  	$	22,777,544
	 The Contract Price prior to this Change Order was
	  	$	669,713,544
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	880,000
	 The new Contract Price including this Change Order will be
	  	$	670,593,544

  
  

  

 1 of 3 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-014
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Air Permit Revision by T-Thermal - Best Available Control Technology (BACT) 
  

 Adjustment to dates in Project Schedule

 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of
the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable

 Adjustment to Payment Schedule: See attached “Payment Milestones” 1 page, dated August 2, 2005.

 Adjustment to Minimum Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: Yes, as modified in this Change Order 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the
Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the
above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and
conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

 2 of 3 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-014
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Air Permit Revision by T-Thermal - Best Available Control Technology (BACT) 
  

  

					
			
	/s/ Stan Horton	 		 	/s/ C. Asok Kumar
	 * Charif Souki
 Chairman
	 		 	 Contractor

	 	 		 	C. Asok Kumar
		 		 	 Name

			
	 	 		 	 Project Director

		 		 	 Title

			
	   	 		 	September 19, 2005
	Date of Signing	 		 	 Date of Signing

			
	 /s/ Stan Horton
	 		 	 
	 * Stan Horton
 President & COO Cheniere
Energy
	 		 	
			
	 October 17, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 * Keith Meyer
 President Cheniere LNG
	 		 	
			
	 October 17, 2005
	 		 	 
	Date of Signing	 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	
			
	 October 11, 2005
	 		 	 
	Date of Signing	 		 	

  

	*	Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence. 

  

 3 of 3 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-015
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

 Resurvey of Benchmarks for Vertical Datum 
  

 The Agreement between the Parties listed above
is changed as follows: 
 Reference EPC Agreement, Article 4.8 and Attachment U, Item 2, Owner Supplied Data.

 The original topographical survey provided by Owner in the EPC Agreement was incorrect. Based on the above documents, Owner provided revisions to
topographical survey data that correctly identifies the Site topography as one foot (1’) plus lower than the original survey data benchmark provided in the EPC Agreement. This revision resulted in a Scope of Work change due to additional
required quantities of fill materials and related home office and Site activities. 
  

	A.	The difference between the original and revised Scope of Work results in following additional fill materials: 

					
	 Ÿ
	 	Process area	  	29,760 cy
	 Ÿ
	 	Administration Building	  	1,750 cy
	 Ÿ
	 	N2 Package	  	870 cy
		 	 
	 Ÿ
	 	Total additional fill	  	32,380 cy

  

	B.	Subcontract cost for additional fill materials: 

						
	 Ÿ
	 	Excavate, Haul Install	  	$	312,467
	 Ÿ
	 	Stabilize Fill at 8% Lime	  	$	387,259
		 	 
	 Ÿ
	 	Total Cost	  	$	699,726

  

	C.	Basis for Cut and Fiji Quantities in the Model: 

	 	Ÿ	 	Process areas elevated to +12 feet 

	 	Ÿ	 	Concrete foundations are erected on top of fill material 

	 	Ÿ	 	Avoids working on elevated structures 

	 	Ÿ	 	Additional materials are assumed to be available from the Marine Berth area 

 Note: The lower Site results in increased storm water drainage requirements. Ditch and culvert sizes will be increased, however, these increases are considered to be within Contractor’s design development
activities. 
  

	D.	Home Office Job Hours: 

	 	Ÿ	 	Engineering - 250 Hours (C/S/A 150 plus Geo-Tech 100) 

	 	Ÿ	 	Project Support - 75 Hours 

  

	E.	See attached Bechtel drawing SKC-000-00004, Revision A “Civil Site Development - Rough Grading Excavation and Backfill”. 

  

 1 of 4 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving, Storage and Regasification Terminal	  	CHANGE ORDER NUMBER: SP/BE-015
		  	DATE OF CHANGE ORDER: September 19, 2005
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	
	
	 Resurvey of Benchmarks for Vertical Datum

  

 F. See attached file for details: 
  

	 	•	 	“T-0022 Trend Form Rev l.xls” dated August 2, 2005, 1 page 

	 	•	 	“T-0022 Payment Milestones.xls” dated August 4, 2005, 1 page 

	 	•	 	“Revised Owner Topographical Vertical Datum Control Elevations”, 1 page 

  

				
	 Adjustment to Contract Price
	  		
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002 thru 014)
	  	$	23,657,544
	 The Contract Price prior to this Change Order was
	  	$	670,593,544
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	830,000
	 The new Contract Price including this Change Order will be
	  	$	671,423,544

  
 Adjustment to dates in Project Schedule

 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order
therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones” 1 page, dated August 4, 2005. 
 Adjustment to Minimum Acceptance Criteria: No Change 
  

 2 of 4 

 SCHEDULE D-I 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving, Storage and Regasification Terminal	  	CHANGE ORDER NUMBER: SP/BE-015
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	
	
	 Resurvey of Benchmarks for Vertical Datum

  

 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: No Change 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order
shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 

Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without
exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed
by each of the Parties’ duly authorized representatives. 
  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ C. Asok Kumar

	 * Charif Souki
	 		 	 Contractor

	 Chairman
	 		 	 C. Asok Kumar

		 		 	 Name

		 		 	 Project Director

	  	 		 	 Title

	 Date of Signing
	 		 	 September 19, 2005

	 	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	

  

					
		 		 	
			
	 October 17, 2005
	 		 	 
	 Date of Signing
	 		 	

  

 3 of 34 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving, Storage and Regasification Terminal	  	CHANGE ORDER NUMBER: SP/BE-015
		  	DATE OF CHANGE ORDER: September 19, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	
	
	 Resurvey of Benchmarks for Vertical Datum

  

  

	
	
	
	/s/ Keith Meyer
	 * Keith Meyer
 President Cheniere LNG

  

	
	
	
	 October 17, 2005

	 Date of Signing

  

	
	
	
	 /s/ Ed Lehotsky

	 * Ed Lehotsky
 Owner Representative

  

	
	
	
	 October 17, 2005

	 Date of Signing

  
 * Required Owner
signature    –    Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence. 
  

 4 of 4 

 SCHEDULE D-2 
 UNILATERAL CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-016
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 9/28/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: 
 Implement the following
P&ID HAZOPS Review Items (refer to the attached Trend Matrix for further information) as discussed in the review meetings and subsequent correspondence: 
  

							
	 Item
	  	Description	  	Prelim Cost Estimate	 
	  	  	 Process P&ID’s
	  	 	 
	 1.01
	  	Remove manual valves in 30” header piping at storage tanks	  	($	80,000	)
	 1.07
	  	Provide position indicator on HV24021/2, 2 valves / tank, 6 total	  	$	30,000	 
	 1.16
	  	Add 2 ea. local sight flow indicators to each unloading arm	  	$	32,000	 
	 2.01
	  	LP / discretionary vent, add 3 -12” vents w/ actuated butterfly valves	  	$	160,000	 
	 2.02
	  	Add 1 ea position indicator on PV-24002	  	$	5,000	 
	 3.03
	  	Add l ea dP w/transmitter and local PI upstream of V-103	  	$	15,000	 
	 3.11
	  	For min flow line from in-tank pumps back into storage tanks, use Interlocks to ensure one valve is always open *	  	$	15,000	 
	 4.09
	  	Add 10” SS insulted check valve (2 ea) between FV-25002 and V-l 11	  	$	30,000	 
	 4.11
	  	Add flow indication, 2 places, in blanket gas line GN-25612	  	$	40,000	 
	 4.12
	  	Add isolation / drain valves at V-111 to allow discretionary vent	  	$	40,000	 
	 4.19
	  	Install splash guards at removable spool, 8” line, 2 ea discharge line, 32 ea	  	$	16,000	 
	 8.05
	  	Change 12” CS 900# ball valves in Master Meter skid to trunion valves	  	$	24,000	 
	 8.06
	  	Confirm w/ meter vendor that on-line custody calibration system is Included in meter package	  	$	 TBD	 
	 8.08
	  	Add 4 ea 12” CS 900# check valve downstream of XV-25954 Utility P&ID’s	  	$	60,000	 
	 1.05
	  	Provide level switches in place of DP type level transmitters	  	$	 TBD	 

 Contractor shall proceed with the above design changes and prepare detailed Lump Sum cost estimates. Upon final
review and approval by Owner of the detailed estimate, Contractor shall prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor shall commence with the
performance of the change(s) described above on August 8, 2005 
  

 1 

 This Change Order is signed by Owner’s duly authorized representatives. 

 

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ Stan Horton

	 Charif Souki
 Chairman
	 		 	 * Stan Horton
 President and COO Cheniere Energy

  

					
		 		 	
			
	   	 		 	 October 17, 2005

	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 /s/ Ed Lehotsky

	 * Keith Meyer
 President Cheniere LNG
	 		 	 * Ed Lehotsky
 Owner Representative

  

					
		 		 	
			
	 October 17, 2005
	 		 	 October 10, 2005

	 Date of Signing
	 		 	 Date of Signing

  
  

	*	Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence. 

  

 Rev. 2 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-017
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: 10/04/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		  	PROJECT: NET ZERO DOLLAR OFFSETS
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 This Change Order encompasses three
separate adjustments: 
  

	 	1)	As discussed between Owner and Bechtel, both Parties agree that changes for the seven items listed below under the Zero Dollar Change Order are offsetting in cost with no schedule
impact. 

	 	2)	The description for Schedule C-l Milestone Number 6.05 is revised to correctly state the milestone description 

	 	3)	The Monthly Payment for Schedule C-2 Month #31 is revised to correct a math error in the Payment Schedule 

 Detailed Reasons for Proposed Change(s) 
 The following changes have been identified and are incorporated into the project: 
 Zero Dollar Change Order

 1). The Marine Berth elevation will be increased from elevation 20’ to elevation 25’ (Refer to Schedule A-2, Item 8.23). 
 2). The design pressure of the Reecondenser and Sendout Pump Cans will be increased to 275 psig (See attached P&ID’s M6-25-00320 and 00410) 
 3). Bechtel will not claim any impact for the change in Texas law resulting in reduced bridge, allowable loads on the Highway 82 bridge (Reference letter
25025-001-T05-GAM-00100). 
 4). Bechtel will relocate the Marine Berth area 35ft to the southeast parallel to the ship channel as requested by Owner (See
attached Shiner-Mosely drawing sheet 4 of 27, Rev. 1, dated 6/16/04, “Dredging Plan.”) 
 5). Owner authorizes the Construction Dock dredge spoils
to be pumped to the WET 16 Impoundment Area. (See attached Site Plan 
 Pl-00-00001). 
 6). The revised Site Plan including the reductions in piperack length (drawing PI-00-00001 Rev 00D) will be the basis of the project (Original basis is drawing SK-SP-00001 Rev 0F) 
 7). The paving under the piperack will be changed from concrete to crushed stone with an asphalt sealer as shown on sketch SKC-000-00001 Rev A. 
 Milestone Number 6.05 
 Schedule C-l Milestone 6.5 Description is changed to “Commence Construction Dock Dredging.” 
 Schedule C-2 Math Error 
 Schedule C-2 Month #31 Monthly Payment amount is changed to $3,213,115 resulting in a
Monthly Payment total of $194,080,800 and a Total Payment of $646,936,000. The Total Payment amount now equals the original Contract Price listed in the Adjustment to Contract Price section. 
  

 Adjustment to Contract Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-002 thru 016)
	  	$	24,487,544
	 The Contract Price prior to this Change Order was
	  	$	671,423,544
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	 Nil
	 The new Contract Price including this Change Order will be
	  	$	671,423,544

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
  

 1 

 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed
Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247
Days following NTP. 
 Adjustment to other Changed Criteria: None 
 Adjustment to Payment Schedule: See above 
 Adjustment to Minimum Acceptance Criteria: None 
 Adjustment to Performance Guarantees: None 
 Adjustment to Design Basis: See above 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: None 
  
 This Change Order shall constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other terms and, conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 

 

					
		 		 	
			
	 /s/ Stanley Horton
	 		 	 /s/ C. Asok Kumar

	 * Charif Souki
	 		 	 Contractor

	    Chairman
	 		 	 C. Asok Kumar

		 		 	 Name

		 		 	 Project Manager

		 		 	 Title

	  	 		 	 November 8, 2005

	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	

  

					
		 		 	
			
	 October 17, 2005
	 		 	 
	 Date of Signing
	 		 	

  

 Rev. 2 

					
		 		 	
			
	 * Keith Meyer
	 		 	 
	 /s/ Keith Meyer
 President Cheniere LNG
	 		 	

  

					
		 		 	
			
	 October 17, 2005
	 		 	 
	 Date of Signing
	 		 	

  

					
		 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	

  

					
		 		 	
			
	 October 11, 2005
	 		 	 
	 Date of Signing
	 		 	

  
  
 * Required Owner signature – Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence. 
  

 Rev. 2 

 SCHEDULE D-2 
 UNILATERAL CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-018
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: 10/7/2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	PROJECT: INCREASED PLANT ELEVATIONS
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Contractor is hereby directed to make the following additions or modifications to the Work 
 Plant Elevations 
 The elevations of the following buildings and equipment will be increased by 2 ft. from their current design elevations. Equipment elevation will increase from 14.0
ft. to 16.0 ft. MSL (17’-6” NAVD ‘88) and buildings from 14’-6” to 16’-6” MSL (18.0’ NAVD ‘88) 
  

			
	Description	  	Building / Equipment
	 Control Room
	  	Building
	Standby Generator Set	  	Equipment
	Gas Turbine Generators	  	Equipment
	Transformers	  	Equipment
	Switchgear and MCC’s	  	Equipment
	Fuel Gas Heaters	  	Equipment
	Air Compressors	  	Equipment

  
 Control Room “Safe Room”

 A “safe room” will be included in the Control Room to provide a place that a skeleton crew of Operators can be safely protected from wind
borne projectiles. A room does not need to be added, instead an existing room will be strengthened and so designated. 
 Contractor shall proceed with
the above design changes and prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. Contractor shall promptly advise Owner if the expected lump sum cost to perform the work exceeds $1
million. 
  

 Compensation for the
changes specified in this Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor shall commence with the performance of the change(s) described above on October 10, 2005 
 This Change Order is signed by Owner’s duly authorized representatives. 
  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ Stan Horton

	 * Charif Souki
 Chairman
	 		 	 Stan Horton
 President and COO Cheniere Energy

  

					
		 		 	
			
	   	 		 	 October 19, 2005

	 Date of Signing
	 		 	 Date of Signing

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 /s/ Ed Lehotsky

	 Keith Meyer
 President Cheniere LNG
	 		 	 * Ed Lehotsky
 Owner Representative

  

					
		 		 	
			
	 October 17, 2005
	 		 	 October 17, 2005

	 Date of Signing
	 		 	 Date of Signing

 * Required Owner signature  -  Mr. Horton may sign on behalf
of Mr. Souki during Mr. Souki’s absence. 
  

 Rev. 2 

 SCHEDULE D-2  
 UNILATERAL CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-019
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: 10/17/2005
	 OWNER: Sabine Pass LNG, L.P.
	  	
	 CONTRACTOR: Bechtel Corporation
	  	PROJECT: SPLNG SCOPE REVISIONS BASED ON EXPANSION AND CTLNG FERC REVIEWS
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: 
 Based on the Creole Trail
LNG & SPLNG Expansion FERC Filing comments and the CTLNG FERC Cryogenic and Technical Conference of Aug. 10, 2005, Owner requires that the following changes be incorporated into the SPLNG Project (refer to attached list and P&ID
drawings): 
  

			
	Item	  	 Description

		  	CTLNG FERC Review These FERC requirements flow down to Sabine LNG
	2.	  	Add LAHH and interlocks to SP-24001 & SP-24002 injectors
	3.	  	Add minimum accuracy flow measurements to the LNG tank top & bottom fill lines
	7.	  	Add 3” by-pass line & valve around LNG tank sendout line HV valve on top of the tanks
	8.	  	Add 4” recycle line from the HP sendout pumps to one of the 30” unloading lines to the tank or the inter-tank transfer line
	12.	  	Add actuator to vapor return blower suction lines
	14.	  	Add igniter to the discretionary vents on top of the LNG tanks
	17.	  	 Add gutter type downspout from tank top LNG spill pan to direct any spilled LNG away from the CS
 tank side plates and funnel the LNG to grade

	23.	  	Add back-up fire water booster pump for the LNG tank supply
	25.	  	Add warning signs, warning lights and siren along the shore to warn local fishermen of evacuations
		
		  	CTLNG FERC Filing Comments Also req’d for Sabine LNG
	a.	  	Add blow pot for drip leg drain on the jetty vapor return line at SP-24001 & 24002 injectors
	b.	  	Increase sendout pump minimum flows recycle line to storage to a 900 lb rating
	c.	  	Add blow pot to drip leg drain on the vapor return blower recycle line
	d.	  	Add blow pot to V-104 drain for transferring liquid to LNG unloading line
	e.	  	Ensure the spill protection system (pan) on the LNG tanks encompasses all potential leak areas inclusive of potential leak splash radius
	f.	  	Supply can pumps with pressure transmitters on seal vents on each pump with a pressure transmitter or switch on the vent

 Contractor shall proceed with the above design changes and prepare detailed Lump Sum cost estimates. Upon final
review and approval by Owner of the detailed estimate, Contractor shall prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor
shall commence with the performance of the change(s) described above on October 18, 2005 

 This Change Order is signed by Owner’s duly authorized representatives. 

 

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ Stan Horton

	 *Charif Souki
 Chairman
	 		 	 *Stan Horton
 President and COO Cheniere Energy

  

					
		 		 	
			
	 October 21, 2005
	 		 	 October 21, 2005

	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 /s/ Ed Lehotsky

	 *Keith Meyer
 President Cheniere LNG
	 		 	 *Ed Lehotsky
 Owner Representative

  

					
		 		 	
			
	 October 21, 2005
	 		 	   
	 Date of Signing
	 		 	 Date of Signing

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-2  
 UNILATERAL CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-020
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: 11/10/2005
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	PROJECT: Sendout Control System & BOG Compressor K.O. Drum revisions
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: 
 Implement the following
changes: 
  

	 	1.	Sendout Control System revisions as indicated in our memo of October 26, 2005 (Correspondence No. SP-BE-C-117, attached) and as shown on the attached P&ID’s
M6-25-00600 and M6-25-00601 (Note: block valve downstream of control valve deleted during Nov. 2 review). 

  

	 	2.	BOG Compressor K.O. Drum revisions as indicated in our memo of November 4, 2005 (Correspondence No. SP-BE-C-125, attached) and as shown on the attached P&ID
M6-24-00720. 

 Contractor shall proceed with the above design changes and prepare detailed Lump Sum cost estimates. Upon final review
and approval by Owner of the detailed estimate, Contractor shall prepare the required documentation, including a completed Schedule D-3 in accordance with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor
shall commence with the performance of the change(s) described above on November 11, 2005. 
 This Change Order
is signed by Owner’s duly authorized representatives. 
  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ Stan Horton

	 *Charif Souki
 Chairman
	 		 	 *Stan Horton
 President and COO Cheniere Energy

  

					
		 		 	
			
	 November 15, 2005
	 		 	 November 15, 2005

	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 /s/ Ed Lehotsky

	 *Keith Meyer
 President Cheniere LNG
	 		 	 *Ed Lehotsky
 Owner Representative

  

					
		 		 	
			
	 November 14, 2005
	 		 	 November 14, 2005

	 Date of Signing
	 		 	 Date of Signing

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-2  
 UNILATERAL CHANGE ORDER FORM 
  

			
	PROJECT NAME: LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-021
	Storage and Regasification Terminal	  	
		
		  	 DATE OF CHANGE ORDER: 11/30/2005

		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 You are hereby directed to make the following additions or modifications to, or deductions from, the Work: 
 Implement the following
Marine Berth change: 
  

	 	1.	Provide scour protection in the lower Marine Berth below the -4.5 ft elevation shelf (refer to Bechtel transmittal SDN 25027-001-T05-GAM-00175 and plot plan, attached). Bechtel
to advise Owner immediately if the cost of this change is expected to exceed the Bechtel OOM estimate of $5MM. 

 Contractor shall
proceed with the above design change and prepare detailed Lump Sum cost estimate. Upon final review and approval by Owner of the detailed estimate, Contractor shall prepare the required documentation, including a completed Schedule D-3 in accordance
with Article 6.1A of the Agreement. 
  

 Compensation for the changes specified in this Change Order is on a time and materials basis as provided in Section 6.1C and 6.2D of the Agreement. 
 Contractor shall commence with the performance of the change(s) described above on November, 30, 2005 
 This Change Order is signed by Owner’s duly authorized representatives. 
  

					
		 		 	
			
	 /s/ Charif Souki
	 		 	 /s/ Stan Horton

	 * Charif Souki
 Chairman
	 		 	 * Stan Horton
 President and COO Cheniere Energy

  

					
		 		 	
			
	   	 		 	   
	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 /s/ Ed Lehotsky

	 * Keith Meyer
 President Cheniere LNG
	 		 	 * Ed Lehotsky
 Owner Representative

  

					
		 		 	
			
	 December 7, 2005
	 		 	 December 5, 2005

	 Date of Signing
	 		 	 Date of Signing

  
 * Required Owner signature - Mr. Horton may
sign on behalf of Mr. Souki during Mr. Souki’s absence. 
  

 1 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
 (for use when the Parties mutually agree upon and execute the Change Order pursuant
to Section 6.1B or 6.2C) 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-022
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: December 16, 2005
		
	 OWNER: Sabine Pass LNG, L.P.
	  	Increase Sendout Pressure to 1440 PSIG
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 This Change Order, as agreed to by Owner and Contractor, replaces
Owner’s Unilateral Change Order SP/BE-001 dated January 18, 2005. 
 Scope of Work: 
 Increase Sendout Pressure of the Natural Gas as measured at the back pressure Control Valve located just upstream of the Master Meter from 1250 psig to 1440 psig.

 Three (3) GE LM2500+[DLE] GTG’s will be purchased in lieu of five (5) Solar GTG’s. Space and foundations will be provided for the
future installation of inlet air chilling and waste heat recovery. 
 Other major equipment includes: 
  

	 	•	 	Sendout pump modifications and motor changes - 17 each including warehouse spare (HP change from 2100 

	 	•	 	to maximum 2,535 HP) 

	 	•	 	Fuel Gas Heater change from 185 KW to 635 KW - 3 each 

	 	•	 	Standby Diesel Generator change from 1 unit (2.5MW) to 2 units (1.5 MW each) 

 Civil / Structural 
 Increase foundation sizes for Sendout Pumps, FG Heaters and HP Vent Stack 
 Piping & Instruments 
 Revise all piping and control valves downstream of the Sendout Back pressure
Control Valve from 600# to 900# class. 
 Electrical 
 Increase cable size for higher sendout motors HP. 
 See attached documents for cost summary: 
 “Cost Evaluation Summary” dated December 9, 2005, 1 page 
 “Detail
Estimate” Trend T-004 R4, dated December 9, 2005, 6 pages 
 “Detail Estimate” Trend T-0045, dated
December 9, 2005, 8 pages 
  
  

				
	 Adjustment to Contract Price
	 		
	 The original Contract Price was
	 	$	646,936,000
	 Net change by previously authorized Change Orders (thru CO#SP/BE-017)
	 	$	 24,487,544
	 The Contract Price prior to this Change Order was
	 	$	671,423,544
	 The Contract Price will be increased by this Change Order in the amount of
	 	$	 37,376,851
	 The new Contract Price including this Change Order will be
	 	$	708,800,395

  

 1 

 Adjustment to dates in Project Schedule 
 The following dates are modified (list all dates modified; insert N/A if no dates modified): 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date
as of the date of this Change Order therefore is 1,095 Days following NTP. 
 The Guaranteed Substantial Completion Date will be unchanged.

 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: “Target Completion” defined in Article 1, Definitions, is revised as follows: 
 “Target Completion” means that all of the following have occurred with respect to the Facility: (i) Cool Down has been completed for System
1 and System 2; (ii) Contractor has completed all procurement, fabrication, assembly, erection, installation and pre-commissioning checks of all of the vaporizers for the Facility to ensure that all such vaporizers and each component thereof
was sufficiently fabricated, assembled, erected and installed so as to be capable of being operated safely within the requirements contained in this Agreement, and thirteen vaporizers have been operated to their rated capacity; (iii) Contractor
has completed all procurement, fabrication, assembly, erection, installation and pre-commissioning checks and tests of System 1 and System 2 to ensure that these Systems and each component thereof was sufficiently fabricated, assembled, erected and
installed so as to be capable of being operated safely within the requirements contained in this Agreement; and (iv) System 1 and System 2 collectively achieve a Sendout Rate of 2,000 MMSCFD or above at a temperature of no less than 40°F
and at a pressure of no less than 1,420 PSIG as measured at the exit for the main Facility transfer meter, for a continuous period of a minimum of twenty-four (24) hours. 
 Adjustment to Payment Schedule: See attached Payment Schedule, “Increased Sendout Pressure from 1250 to 1440 PSIG - Phase I and II,” dated December 9, 2005, 1 page. 
 Adjustment to Minimum Acceptance Criteria: The following sections are replaced: 
 Attachment T 
 2. Minimum Acceptance Criteria 
  

	 	A.	Sendout Rate. The Facility shall vaporize LNG for twenty four (24) continuous hours at an average rate of 2,400 MMSCFD or above (the “Sendout Rate MAC”) at a
temperature of no less than 40°F and at a pressure of no less than 1,440 PSIG, using no more than fifteen (15) vaporizers; provided that the Sendout Rate Guarantee Conditions stipulated in Section 4 of this Attachment T are met.

 Adjustment to Performance Guarantees: The following sections are replaced: 
 Attachment T 
 3. Performance Guarantees 
  

	 	A.	Sendout Rate Performance Guarantee. The Facility shall vaporize LNG for twenty four (24) continuous hours at an average Sendout Rate of 2,670 MM SCFD (the
“Sendout Rate Performance Guarantee”) at a temperature of no less than 40°F and at a pressure of no less than 1,440 PSIG, using no more than fifteen (15) vaporizers; provided that the Sendout Rate Guarantee
Conditions stipulated in Section 4 of this Attachment T are met. 

  

 2 

 4. Guarantee Conditions. 
  

	 	A.	Sendout Rate Guarantee Conditions. The conditions upon which the Sendout Rate MAC and the Sendout Rate Performance Guarantee (the “Sendout Rate Guarantee
Conditions”) are based are as follows: 

  

	 	(i)	The sendout pressure of the Natural Gas shall be measured directly upstream of the back-pressure control valve located just upstream of the Master Meter, as described in
Section 1C of Attachment S. The temperature of the Natural Gas shall be at a pressure of no less than 1420 psig as measured at the exit for the main Facility transfer meter. 

  

	 	(iii)	The maximum allowable operating pressure of Natural Gas in the Export Pipeline will be 1,440 PSIG. 

 6. Delay Liquidated Damages 
  

	 	B.	Substantial Completion Delay Liquidated Damages. (“Substantial Completion Delay Liquidation Damages”). 

  

	 	2.	The Substantial Completion Delay Liquidated Damages set forth in Section 6.B.1 of this Attachment T shall be reduced to the following amounts if only System 1 achieves,
on or before the Guaranteed Substantial Completion Date, a Sendout Rate of 1,250 MMSCFD or above at a temperature of no less than 40°F and at a pressure of no less than 1,440 PSIG, and based on the use of no more than seven (7) vaporizers
plus one (1) spare vaporizer; provided that the Sendout Rate Guarantee Conditions stipulated in Section 4 of this Attachment T are met: 

  

	 	a.	Sixty Thousand U.S. Dollars (U.S. $60,000) per Day from 1 Day to and including 15 Days after Guaranteed Substantial Completion Date, plus 

  

	 	b.	One Hundred Twenty Thousand U.S. Dollars (U.S. $120,000) per Day from 16 Days to and including 30 Days after Guaranteed Substantial Completion Date, plus 

 

	 	c.	Two Hundred Thirty-five Thousand U.S. Dollars (U.S. $235,000) per Day from 31 Days and more after Guaranteed Substantial Completion Date. 

  

	 	3.	The Substantial Completion Delay Liquidated Damages set forth in Section 6.B.1 of this Attachment T shall be reduced to the following amounts if System 1 and System 2
collectively achieve, on or before the Guaranteed Substantial Completion Date, a Sendout Rate of 2,000 MMSCFD or above at a temperature of no less than
 40°F and at a pressure of no less than 1,440 PSIG, and based on the use of no more than
twelve (12) vaporizers plus one (1) spare vaporizer; provided that the Sendout Rate Guarantee Conditions stipulated in Section 4 of this Attachment T are met: 

  

	 	a.	Thirty Thousand U.S. Dollars (U.S. $30,000) per Day from 1 Day to and including 15 Days after Guaranteed Substantial Completion Date, plus 

  

	 	b.	Sixty Thousand U.S. Dollars (U.S. $60,000) per Day from 16 Days to and including 30 Days after Guaranteed Substantial Completion Date, plus 

  

	 	c.	One Hundred Twenty Thousand U.S. Dollars (U.S. $120,000) per Day from 31 Days and more after Guaranteed Substantial Completion Date. 

  

 3 

 Adjustment to Design Basis: The following sections are replaced or amended:

 Attachment A Schedule A-2 
  

											
	 	  	 Item
	  	 Design Basis
	  	 Remarks
	  	DESIGN
REQT	  	RELY
UPON
	1.7	  	Battery limit Natural Gas pressure requirement	  	1440 psig at Guaranteed Sendout Rate downstream of Master Meter	  	At battery limit	  	Yes	  	
	14.3	  	Maximum Allowable Operating Pressure (MAOP)	  	1440 psig	  		  		  	Yes

 Item 14.4 Operating Pressure is deleted from the Design Basis 
 Incorporate the following attached Drawings: 
  

	 	•	 	PFD M5-DK-00002 Rev.l (Markup showing piping Flange Class changes) 

	 	•	 	PFD M5-DK-00003 Rev.0 (Indicating deletion of GTG scope based on the Titan GTGs) 

	 	•	 	PFD-M5-DK-00003 Rev. 1 (Indicating New GTG scope based on G.E. GTGs) 

	 	•	 	SK-SP-1000 Rev. 0A (Overall Electrical One-Line Diagram indicating electrical work scope based on Titan GTGs) 

	 	•	 	El-10-00004 Rev.00D (Overall Electrical One-Line Diagram indicating electrical work scope based on G.E. GTGs) 

 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: None 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate
Contractor fully for such change; provided, however, that pursuant to Article 6.4 this Change Order does not include nor satisfy in any manner the following additional items for which Contractor reserves the right to submit Change Orders in this
regard in accordance with the terms of the Agreement. 
  

	 	•	 	Overtime for workers not directly involved with installation of the Combustion Gas Turbines and associated equipment and facilities 

  

	 	•	 	Costs or other adjustments for decreased productivity caused by extended overtime 

  

	 	•	 	The Parties acknowledge that the consequences arising out of, relating to, or resulting from Hurricanes Katrina, Rita and Wilma have not been fully evaluated.

 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the
original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This
Change Order is executed by each of the Parties’ duly authorized representatives. 
  
  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 /s/ C. Asok Kumar

	 * Charif Souki
 Chairman
	 		 	 Contractor

					
	 	 		 	 C. Asok Kumar

		 		 	 Name

					
	 	 		 	 Project Director

		 		 	 Title

					
	 December 20, 2005
	 		 	 December 21, 2005

		 		 	 Date of Signing

  

 4 

	
	
	
	 /s/ Stan Horton

	 * Stan Horton
 President & COO Cheniere Energy

  

	
	
	
	 December 20, 2005

	 Date of Signing

  

	
	
	
	 /s/ Keith Meyer

	 * Keith Meyer

	 President Cheniere LNG

  

	
	
	
	 December 21, 2005

	 Date of Signing

  

	
	
	
	 /s/ Ed Lehotsky

	 * Ed Lehotsky
 Owner Representative

  

	
	
	
	 December 20, 2005

	 Date of Signing

 *Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki
during Mr. Souki’s absence. 
  

 5 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-023
	Storage and Regasification Terminal	  	
		
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	P&ID AND CAUSE & EFFECT OPTIONS
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 This Change Order, as agreed to by Owner and Contractor, replaces
Owner’s Unilateral Change Order SP/BE-012 dated July 12, 2005. 
 In accordance with Owner’s Unilateral Change Order Number SP/BE-012, dated
July 12, 2005, covering P&ID cause and effect scope option items, as amended by Owner letters SP-BE-C-110 (deleted Items 4.16 and 20.06) and SP-BC-C-132 (deleted Items 18.05 and 19.06) and miscellaneous scope changes directed by Owner
during the IFA P&ID review meeting during April 2005, as shown in the attached marked up drawings, Contractor shall implement and incorporate the following: 
 P&ID Review Scope Changes 
  

	 	•	 	Add local and remote actuators on manual valves in Lines 16” FGN-24080, 24”DK-24021 and 16” FGN-24620
 (Ref. SP/BE-012, Item 3.06) 

	 	•	 	Add three 30” automated access entry valves with actuator and positioners (Ref. SP/BE-012, Item 7.04) 

	 	•	 	Add a total of three surge tanks to nitrogen snuffing system, one each on top of each LNG Tank, increase piping size from 2” to 3”, and increase controls valve sizes to
3” (Ref. SP/BE-012, Item 9.03) 

	 	•	 	Add 6” stainless steel insulated bi-directional jumper (Line No. 6”-GPL-25049-NO-C7.0”) with remotely actuated ball valve to 6” DK-25119 between
recondensers (Ref. SP/BE-012, Item 13.01) 

	 	•	 	Delete LP vent stack Z-102, including bulks, and delete 30” line from 2R rack to vent and associated piping and valves in tank area (Ref. SP/BE-012, Item 19.06). One
12” vent per tank will be included in the HAZOP Change Order when issued. 

	 	•	 	Add 24” bypass upstream of in-tank discharge header manual block valve and jump to common 30” unloading header
 (Ref. SP/BE-012, Item 10.04)

	 	•	 	Add switch to control room (Ref. SP/BE-012, Item 20.05) 

 Cause & Effect Scope Changes 
  

	 	•	 	Add 16 each  3/4” x 1” 900 lb. PSVs
(thermal relief valves) with isolations valves, inlet and discharge piping (Ref. SP/BE-012, Item 10.00) 

 Reference attached
“Trend T-0025 - Detail Estimate for P&ID and Cause & Effect Scope Changes,” 14 pages, dated January 3, 2006, for details. 
  

 Adjustment to Contract Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-001 thru 022)
	  	$	61,864,395
	 The Contract Price prior to this Change Order was
	  	$	708,800,395
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	469,544
	 The new Contract Price including this Change Order will be
	  	$	709,269,939

  

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-023
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	P&ID AND CAUSE & EFFECT OPTIONS
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Adjustment to dates in Project Schedule 
 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days following the NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of
this Change Order therefore is therefore 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones—P&ID Changes—Cause & Effect,” dated January 3, 2006, 1 page

 Adjustment to Minimum Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: Yes, as modified by this Change Order 
 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to
compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid
and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in
full force and effect. This Change Order is executed by each of the Parties, duly authorized representatives. 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-023
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	P&ID AND CAUSE & EFFECT OPTIONS
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

  

					
			
	 /s/ Stan Horton
	 		 	   
	 * Charif Souki
 Chairman
	 		 	 Contractor

		 		 	 Name

	 	 		 	   
		 		 	 Title

	 February 6, 2006
	 		 	   
	 Date of Signing
	 		 	 Date of Signing

  

					
		 		 	
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	

					
		 		 	
			
	 February 6, 2006
	 		 	 
	 Date of Signing
	 		 	

					
		 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 *Keith Meyer
 President Cheniere LNG
	 		 	

					
		 		 	
			
	 January 31, 2006
	 		 	 
	 Date of Signing
	 		 	

					
		 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 *Ed Lehotsky
 Owner Representative
	 		 	

					
		 		 	
			
	 January 25, 2006
	 		 	 
	 Date of Signing
	 		 	

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-024
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	SCV OPTIONS (EXCLUDING PLC vs. DCS)
		
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 This Change Order, as agreed to by Owner and Contractor, replaces
Owner’s Unilateral Change Order SP/BE-013 dated July 18, 2005. 
 In accordance with the EPC Agreement, Attachment A, Schedule A-l,
Section 13.2, Owner’s Unilateral Change Order Number SP/BE-013, dated July 18, 2005, and Bechtel Letter 25027-GAM-T05-00117 (Items 1, 4 and 8 only), Contractor shall implement and incorporate the following SCV options: 
  

	 	1)	Two (2) each stainless steel SS 3” diameter blind block / check valves for taking water circulation pump out of service, with blinded tee and solenoid valve for future
connection of utility water. These exclude future utility water piping, wiring from MCC starter to solenoid valve, and extra terminal on the motor starter. 

  

	 	2)	Provide vaporizer modifications on all sixteen (16) SCV units to accommodate a hot water sparger in the water bath for waste heat recovery from gas turbine exhaust.

  

	 	3)	Sixteen (16) each 42’ exhaust stacks in SS rather than painted CS. 

 This Change Order does not incorporate Item 3 (Replace PLC with DCS) in Bechtel letter 25027-GAM-T05-00117. Per Owner’s direction on December 22, 2005, this will be addressed separately once the DCS supplier is selected.

 Reference attached “Trend T-0020b - Detail Estimate for SCV Options (Excludes PLC vs. DCS Options),” 1 page, dated August 4, 2005, for
details. 
  

 Adjustment to Contract
Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-001 thru 023)
	  	$	62,333,939
	 The Contract Price prior to this Change Order was
	  	$	709,269,939
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	1,340,000
	 The new Contract Price including this Change Order will be
	  	$	710,609,939

 SCHEDULE D-l  
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-024
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	SCV OPTIONS (EXCLUDING PLC vs. DCS)
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Adjustment to dates in Project Schedule 
 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days
following the NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is therefore 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones - SCV Options,”
dated December 22, 2005, 1 page 
 Adjustment to Minimum Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: Yes, as modified by this Change Order ‘

 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the
Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the
above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and
conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 

 SCHEDULE D-l  
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-024
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	SCV OPTIONS (EXCLUDING PLC vs. DCS)
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

					
		 		 	
			
	 /s/Stan Horton
	 		 	   
	 * Charif Souki
 Chairman
	 		 	 Contractor

		 		 	 Name

	 	 		 	   
		 		 	 Title

	 February 6, 2006
	 		 	   
	 Date of Signing
	 		 	 Date of Signing

					
		 		 	
			
	 /s/Stan Horton
	 		 	 
	 * Stan Horton
 President & COO Cheniere Energy
	 		 	

					
		 		 	
			
	 February 6, 2006
	 		 	 
	 Date of Signing
	 		 	

					
		 		 	
			
	 /s/Keith Meyer
	 		 	 
	 Keith Meyer
 President Cheniere LNG
	 		 	

					
		 		 	
			
	 January 31, 2006
	 		 	 
	 Date of Signing
	 		 	

					
		 		 	
			
	 /s/Ed Lehotsky
	 		 	 
	 * Ed Lehotsky
 Owner Representative
	 		 	

					
		 		 	
			
	 January 23, 2006
	 		 	 
	 Date of Signing
	 		 	

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-1  
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
 Storage and Regasification Terminal
	  	CHANGE ORDER NUMBER: SP/BE-025
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	MISCELLANEOUS OWNER CHANGES
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 This Agreement between the Parties listed above is changed as follows: 
  

	 	1.	SVT Unloading Arms: 

  

	 	a.	Provide 8 total 16” ANSI 150# Special Alloy blind flanges for Unloading Arms in lieu of base SVT offering of 16” standard light weight aluminum blind flanges.

	 	b.	Provide 2 total Allen-Bradley ControlLogix PLC including RSLogix 5000 program software in lieu of SVT’s standard PLC 

  

	 	2.	IHI BOG Compressor: 

  

	 	a.	Provide 3 total Allen-Bradley Control Logix PLC including RSLogix 5000 program software in lieu off IHI’s standard PLC 

  

	 	3.	Owner Site Construction Office Expansion: 

  

	 	a.	Provide expanded office as per Owner (SPLNG Team) requirements on a “Lease Options” basis (refer to Correspondence No. SP-BE-C-116, attached). 

  

	 	4.	Send Out System Check Valves: 

  

	 	a.	Provide 32 each 8” and 16 each 10” Grayloc Hub end Check Valves (including 2 each connectors and gaskets per valve) in lieu of the same quantity of Butt Weld Wafer Check
Valves (refer to Correspondence No. SP-BE-C-119, attached). 

 Reference attached “Trend Summary - Miscellaneous Bundle Change
Order,” 4 pages, dated January 4, 2006, for details. 
  

 Adjustment to Contract Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-001 thru 017 & 22)
	  	$	63,673,939
	 The Contract Price prior to this Change Order was
	  	$	710,609,939
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	420,636
	 The new Contract Price including this Change Order will be
	  	$	711,030,575

  

 SCHEDULE D-1  
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-025
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	MISCELLANEOUS OWNER CHANGES
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Adjustment to dates in Project Schedule 
 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days
following the NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is therefore 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Cl - Milestone Payment Schedule,”
dated January 4, 2006,1 page 
 Adjustment to Minimum Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: Yes, as modified by this Change Order.

 Other adjustments to liability or obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the
Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the
above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and
conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-025
	Storage and Regasification Terminal	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	MISCELLANEOUS OWNER CHANGES
	 CONTRACTOR: Bechtel Corporation
	  	
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

  

					
			
	 /s/ Stan Horton
	 		 	   
	 * Charif Souki
 Chairman
	 		 	 Contractor

		 		 	 Name

	 February 16, 2006
	 		 	   
	 Date of Signing
	 		 	 Title

			
	 /s/ Stan Horton
	 		 	   
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	 Date of Signing

			
	 February 16, 2005
	 		 	 
	 Date of Signing
	 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 *Keith Meyer
 President Cheniere LNG
	 		 	
		 		 	
			
	 January 31, 2006
	 		 	 
	 Date of Signing
	 		 	
		 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 *Ed Lehotsky
 Owner Representative
	 		 	
		 		 	
			
	 January 23, 2006
	 		 	 
	 Date of Signing
	 		 	

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

  

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-026
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
	 CONTRACTOR: Bechtel Corporation
	  	MEAN SEA LEVEL vs. NAVD 88 DESIGN BASIS CLARIFICATION
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 In accordance with Owner’s letters SP-BE-C-108 dated
October 6, 2005, Contractor shall implement and incorporate the additional elevation required to meet Owner’s Mean Sea Level design requirement clarification. Contractor shall raise the permanent plant equipment and pipe racks and
buildings an additional 1.4 feet. 
 Reference attached “Trend T-0054 Rev. 3 - Detail Estimate for Design Basis for Elevation of Plant Facilities (NAVD
88 vs. MSL),” 1 page, dated January 4, for details. 
  

 Adjustment to Contract Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-001 thru 025)
	  	$	64,094,575
	 The Contract Price prior to this Change Order was
	  	$	711,030,575
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	100,000
	 The new Contract Price including this Change Order will be
	  	$	711,130,575

  

 Adjustment to dates in Project Schedule 
 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days
following the NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is therefore 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones - Design Basis for
Elevation of Plant Facilities
 (NAVD 88 vs. MSL),” dated January 4, 2006, 1 page 
 Adjustment to Minimum Acceptance Criteria: No Change

 Adjustment to Performance Guarantees: No Change 
 Adjustment
to Design Basis: Yes, as modified by this Change Order 

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-026
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
	 CONTRACTOR: Bechtel Corporation
	  	MEAN SEA LEVEL vs. NAVD 88 DESIGN BASIS CLARIFICATION
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Adjustment to dates in Project Schedule (cont’d) 
 Other adjustments to liability or
obligation of Contractor or Owner under the Agreement: No Change 
 This Change Order shall constitute a full and final settlement and accord and
satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the original Agreement without exception or qualification, unless noted in this Change
Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized
representatives. 
  

					
			
	 /s/ Stan Horton
	 		 	   
	 * Charif Souki
 Chairman
	 		 	 Contractor

		 		 	 Name

	 	 		 	   
		 		 	 Title

	 February 6, 2006
	 		 	   
	 Date of Signing
	 		 	 Date of Signing

		 		 	
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	
		 		 	
			
	 February 6, 2006
	 		 	 
	 Date of Signing
	 		 	
		 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 *Keith Meyer
 President Cheniere LNG
	 		 	
		 		 	
			
	 January 31, 2006
	 		 	 
	 Date of Signing
	 		 	
		 		 	

 SCHEDULE D-l 
 CHANGE ORDER FORM 
  

			
	PROJECT NAME: Sabine Pass LNG Receiving,	  	CHANGE ORDER NUMBER: SP/BE-026
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	MEAN SEA LEVEL vs. NAVD 88 DESIGN BASIS CLARIFICATION
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

	
	
	
	 /s/ Ed Lehotsky

	 *Ed Lehotsky
 Owner Representative

  

	
	
	
	 January 23, 2006

	 Date of Signing

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-027
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
		
	 OWNER: Sabine Pass LNG, L.P.
	  	
		
	 CONTRACTOR: Bechtel Corporation
	  	INCREASE PLANT ELEVATIONS & ADD CONTROL BUILDING “SAFE ROOM”
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 The Agreement between the Parties listed above is changed as follows: 
 This Change Order replaces Unilateral Change Order SP/BE-018 dated
October 7, 2005. 
 In accordance with Owner’s decision after Hurricanes Katrina and Rita to address storm surge concerns, Contractor agrees to
implement and incorporate the following Owner directed changes: 
  

	 	1.)	New elevation for equipment (standby generator set, gas turbine generators and transformers, switchgear and Motor Control Centers, fuel gas heaters and air compressors) will be
increased by 2 feet from their current design elevations from 14’ – 0” to 16’ - 0” MSL (17’- 6” NAVD ‘88) 

  

	 	2.)	New elevation for the Control Room building will be increased by 2’ from its current design elevation from 14’ - 6” to 16’- 6” MSL (18’ - 0” NAVD
‘88). 

  

	 	3.)	Upgrade and strengthen an existing room in the Control Room and designate it as a “safe room” in order to afford safety protection to a skeleton crew of operators from
wind borne projectiles. 

 Reference following attached documents for details: 
 1) “Trend T-0080 Rev. 3 – Increased Plant Elevation for Control Room and Selected Equipment,” 2 pages, dated January 11, 2006, 
 2) Bechtel Sketch titled “Process Area - 2’ Elevation Increase,” 1 page, dated October 3, 2005 
 3)
Bechtel Drawing A1-4A1-00001 titled “Architectural Control Bldg A-101 (with note on Safe Room 110),” 1 page, dated December 13, 2005. 
 4)
Bechtel Conference Notes 25027-001-G15-GAM-00094 dated September 27, 2005 
  

 Adjustment to Contract Price 

				
	 The original Contract Price was
	  	$	646,936,000
	 Net change by previously authorized Change Orders (#SP/BE-001 thru 026)
	  	$	64,194,575
	 The Contract Price prior to this Change Order was -
	  	$	711,130,575
	 The Contract Price will be increased by this Change Order in the amount of
	  	$	650,033
	 The new Contract Price including this Change Order will be
	  	$	711,780,608

  

 SCHEDULE D-1 
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-027
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
		
	 OWNER: Sabine Pass LNG, L.P.
	  	INCREASE PLANT ELEVATIONS & ADD
		
	 CONTRACTOR: Bechtel Corporation
	  	CONTROL BUILDING “SAFE ROOM”
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

 Adjustment to dates in Project Schedule 
 The following dates are modified: 
 The Target Bonus Date will be unchanged. 
 The Target Bonus Date as of the date of this Change Order therefore is 1,095 Days
following the NTP. 
 The Guaranteed Substantial Completion Date will be unchanged. 
 The Guaranteed Substantial Completion Date as of the date of this Change Order therefore is therefore 1,247 Days following NTP. 
 Adjustment to other Changed Criteria: Not Applicable 
 Adjustment to Payment Schedule: See attached “Payment Milestones – Increased Plant
Elevation for Control Room / Selected Equipment plus Control Room “Safe Room.” 1 page, dated January 11, 2006, 
 Adjustment to Minimum
Acceptance Criteria: No Change 
 Adjustment to Performance Guarantees: No Change 
 Adjustment to Design Basis: Yes, as modified by this Change Order 
 Other adjustments to liability or obligation of
Contractor or Owner under the Agreement: No Change 
  

 This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the change as described in this Change Order upon the Changed Criteria and shall be deemed to
compensate Contractor fully for such change. 
 Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid
and binding part of the original Agreement without exception or qualification, unless noted in this Change Order. Except as modified by this and any previously issued Change Orders, all other terms and conditions of the Agreement shall remain in
full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. 
  

 SCHEDULE D-1 
  
 CHANGE ORDER FORM 
  

			
	 PROJECT NAME: Sabine Pass LNG Receiving,
	  	CHANGE ORDER NUMBER: SP/BE-027
	 Storage and Regasification Terminal
	  	
		  	DATE OF CHANGE ORDER: January 20, 2006
	 OWNER: Sabine Pass LNG, L.P.
	  	
		  	INCREASE PLANT ELEVATIONS & ADD
	 CONTRACTOR: Bechtel Corporation
	  	CONTROL BUILDING “SAFE ROOM”
		
	 DATE OF AGREEMENT: December 18, 2004
	  	

  

  

					
			
	 /s/ Stan Horton
	 		 	   
	 * Charif Souki
 Chairman
	 		 	 Contractor

		 		 	 Name

	 	 		 	   
		 		 	 Title

	 February 6, 2006
	 		 	   
	 Date of Signing
	 		 	 Date of Signing

		 		 	
			
	 /s/ Stan Horton
	 		 	 
	 *Stan Horton
 President & COO Cheniere Energy
	 		 	
		 		 	
			
	 February 6, 2006
	 		 	 
	 Date of Signing
	 		 	
		 		 	
			
	 /s/ Keith Meyer
	 		 	 
	 *Keith Meyer
 President Cheniere LNG
	 		 	
		 		 	
			
	 January 31, 2006
	 		 	 
	 Date of Signing
	 		 	
		 		 	
			
	 /s/ Ed Lehotsky
	 		 	 
	 *Ed Lehotsky
 Owner Representative
	 		 	
		 		 	
			
	 January 23, 2006
	 		 	 
	 Date of Signing
	 		 	

 * Required Owner signature - Mr. Horton may sign on behalf of Mr. Souki during Mr. Souki’s absence.Consent and Waiver No. 8 to Credit Agreement

 Exhibit 10.24 
 FORM OF CONSENT AND WAIVER AGREEMENT NO. 8 
 TO CREDIT AGREEMENT 
 This CONSENT AND WAIVER AGREEMENT NO. 8 TO CREDIT AGREEMENT (this “Consent”), dated as of November 28, 2005, is made among Sabine
Pass LNG, L.P., a Delaware limited partnership (the “Borrower”), Société Générale, in its capacity as administrative agent for the Lenders (the “Agent”), HSBC Bank USA, National
Association, in its capacity as collateral agent for the Lenders (the “Collateral Agent”) and the Lenders party to the Credit Agreement (as defined below). 
 WITNESSETH 
 WHEREAS, the Borrower, the Agent and the Collateral Agent are party
to a Credit Agreement dated as of February 25, 2005 (as amended, modified and supplemented and in effect from time to time, the “Credit Agreement”), pursuant to which the lenders from time to time party thereto (the
“Lenders”) have agreed to make loans to the Borrower in an aggregate principal amount of up to $822,000,000; 
 WHEREAS, the
Borrower and Bechtel Corporation (the “EPC Contractor”) have entered into an Engineering, Procurement and Construction Agreement (as amended, modified and supplemented and in effect from time to time, the “EPC
Contract”) relating to the Project; 
 WHEREAS, pursuant to the Consent Agreement No. 7 dated as of August 29, 2005
(“Consent No. 7”) among the Borrower, the Agent and the Collateral Agent, Majority Lender consent was granted for a Change Order with respect to an increase in the Project’s send-out pressure (the “Send-Out
Pressure Change Order”) which Send-Out Pressure Change Order was expected to result in an increase in the price of the EPC Contract of not more than $50 million (as more fully described in the Consent Request Letter). 
 WHEREAS, a condition subsequent to the effectiveness of Consent No. 7 was a contribution to the Construction Account in cash in an amount of the
Send-Out Pressure Change Order to be used for the purposes of paying Project Costs prior to the Funding Date (the “Change Order Price”). 
 WHEREAS, pursuant to a consent request letter (the “Consent Request Letter”) attached hereto as Exhibit A, the Borrower has requested (a) a waiver and the consent of the Lenders pursuant
to Section 8.16(e) of the Credit Agreement, for the incurrence of unsecured subordinated Indebtedness to be provided by an Affiliate of the Borrower in an amount not to exceed $50 million, which Indebtedness shall be subordinated to the Secured
Obligations on terms substantially in the form attached as Exhibit F to the Credit Agreement (the “Subordinated Indebtedness”) and (b) a waiver of Section 8.20(a)(i)(C)(1) of the Credit Agreement and of Section 4(a)
of Consent No. 7 in order to permit the Borrower to contribute the proceeds of such Subordinated Indebtedness to fund the Send-Out Pressure Change Order in lieu of an equity contribution. 
  

 Consent and Amendment No. 8 

 NOW THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows: 
 Section 1. Definitions. Capitalized terms (including those used in the preamble and the recitals above) not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement
and the principles of interpretation set forth therein shall apply herein. 
 Section 2. Subordinated Indebtedness. Subject to
the satisfaction of the condition set forth in Section 4 hereof, the Agent, acting with the consent of the Majority Lenders, hereby (a) consents to the incurrence of the Subordinated Indebtedness by the Borrower, provided
that such Indebtedness is incurred on terms substantially in the form attached hereto as Exhibit B and (b) waives the requirements of the proviso to Section 8.16 of the Credit Agreement solely to the extent necessary for the
Borrower to incur the Subordinated Indebtedness on the terms referred to in clause (a) above. 
 Section 3. Equity
Contribution Requirements. Subject to the satisfaction of the condition set forth in Section 4 hereof, the Agent, acting with the consent of the Majority Lenders, hereby waives the requirements of Section 8.20(a)(i)(C)(1) of the
Credit Agreement and Section 4(a) of Consent No. 7 to make a contribution in connection with the Send-Out Pressure Change Order, solely to the extent necessary to permit the Borrower to satisfy such contribution obligation by contributing
the proceeds of the Subordinated Indebtedness to the Construction Account in lieu thereof. 
 Section 4. Condition Precedent.
This Consent shall become effective on the date on which the Agent has received counterparts of this Consent duly executed and delivered by the Borrower. 
 Section 5. Miscellaneous. 
 (a) Limited Consent. 
 (i) Except as expressly consented to hereby, all of the representations, warranties, terms, covenants, conditions and other provisions of
the Credit Agreement and the other Financing Documents shall remain unchanged and unwaived and shall continue to be and shall remain in full force and effect in accordance with their respective terms. 
 (ii) The consent set forth herein shall be limited precisely as provided for herein to the provisions expressly consented to and shall not
be deemed to be a waiver of any right, power or remedy of any Lender, the Agent or the Collateral Agent under, or a waiver of, consent to or modification of, any other term or provision of the Credit Agreement, any other Financing Document referred
to therein or herein or of any transaction or further or future action on the part of the Borrower which would require the consent of the Lenders under the Credit Agreement or any of the other Financing Documents. 
  

 Consent and Amendment No. 8 
 - 2 - 

 (iii) Except as provided in Section 2 and Section 3 hereof,
nothing contained in this Consent shall abrogate, prejudice, diminish or otherwise affect any powers, rights, remedies or obligations of any Person arising before the date of this Consent. 
 (b) Financing Document. This Consent shall be deemed to be a Financing Document referred to in the Credit Agreement and shall be construed,
administered and applied in accordance with the terms and provisions thereof. 
 (c) Counterparts; Integration; Effectiveness. This
Consent may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument and any party hereto may execute this Consent by signing any such counterpart. 
 (d) Costs and Expenses. The Borrower agrees to pay and reimburse the Agent for all its reasonable costs and out-of-pocket expenses (including,
without limitation, the reasonable fees and expenses of counsel to the Agent and the Lenders) incurred in connection with the preparation and delivery of this Consent and such other related documents. 
 (e) Governing Law. THIS CONSENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE LAWS OF THE STATE OF NEW YORK. 
 [Signature Pages Follow] 
  

 Consent and Amendment No. 8 
 - 3 - 

 IN WITNESS WHEREOF, the parties hereto have caused this Consent to be duly executed and delivered as of
the day and year first above written. 
  

			
	 SABINE PASS LNG, L.P.,
as Borrower

		
	 By:
	 	 Sabine Pass LNG – GP, Inc.,
 its General
Partner

		
	By:	 	/s/ Graham McArthur
		 	Name: Graham McArthur
		 	Title: Treasurer
	
	Address for Notices:
	
	 717 Texas Avenue, Suite 3100
 Houston, TX
77002

	 Attn: Treasurer

  

 Consent and Amendment No. 8 

			
	 SOCIÉTÉ GÉNÉRALE,
as Agent

		
	By:	 	/s/ Edward J. Grimm
		 	Name: Edward J. Grimm
		 	Title: Director
	
	Address for Notices:
	
	 1221 Avenue of the Americas
 New York, NY
10020

	 Attn: Robert Preminger

  

 Consent and Amendment No. 8 

			
	 HSBC BANK USA, NATIONAL ASSOCIATION,
as Collateral Agent

		
	By:	 	/s/ Deirdra N. Ross
		 	Name: Deirdra N. Ross
		 	Title: Assistant Vice President
	
	Address for Notices:
	
	 HSBC Bank USA, National Association
 452
Fifth Avenue
 New York, NY 10018

	 Attn: Corporate Trust

	
	With a copy to:
	
	 DLA Piper Rudnick Gray Cary US LLP
 One
Liberty Place
 1650 Market Street, Suite 4900
 Philadelphia, PA
19103

	Attn: Peter Tucci, Esq.

  

 Consent and Amendment No. 8 

 Exhibit A 
 to Consent and Amendment No. 8 
 Consent Request Letter 
  

 Consent and Amendment No. 8 

 

 
 November 14, 2005 
 Societe Generale 
 1221 Avenue of the Americas 
 New
York, NY 10020 
 Attn: Edward Grimm 
  

	Re:	Credit Agreement dated February 25, 2005 (the “Credit Agreement”) among Sabine Pass LNG, L.P. (“Sabine”), Societe Generale, as Agent, HSBC Bank USA,
National Association, as Collateral Agent and the Lenders party thereto 

 Dear Mr. Grimm: 
 Reference is made to the captioned Credit Agreement. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit
Agreement. 
 Pursuant to Section 8.16(e) of the Credit Agreement, Sabine hereby requests the consent of the Lenders to incur $50 million of unsecured
Indebtedness for borrowed money that will be subordinated to the Secured Obligations and in the form of Exhibit F to the Credit Agreement. For the avoidance of doubt, Sabine also requests the waiver of Section 8.20(a)(i)(C) as it is using the
proceeds of the contemplated Indebtedness to fulfill its funding obligations permitted under Consent Agreement No. 7 dated August 29, 2005 (“August Consent”). 
 Sabine intends to use this unsecured Indebtedness to fund its obligations pursuant to Section 4(a) of the August Consent, whereby the Majority Lenders provided their approval for Sabine to increase the send out
pressure of the facility. This approval was given subject to the receipt of cash by the Collateral Agent of the amount of the send out pressure change order for deposit to the Construction Account. 
 Sabine intends to borrow this money from an affiliate company of its ultimate parent, Cheniere Energy, Inc. (Cheniere). The affiliate borrowing is being made to provide
flexibility to both Sabine and Cheniere in terms of their liquidity and capital structures. The contemplated Indebtedness will be unsecured and subordinate to the interests of the Senior Lenders with a maturity date in 2015 and no scheduled debt
amortization due until final maturity. 
 As stipulated in the August Consent, the proceeds associated with the contribution of funds related with the send
out pressure will not constitute part of the Equity Contribution Amount. The Equity Contribution Amount together with the proceeds from the unsecured Indebtedness will be used to pay Project Costs prior to the Funding Date. 
 SABINE PASS LNG, L.P. 
 717 Texas
Avenue, Suite 3100 – Houston, Texas 77002 – (713) 659-1361 – Fax (713) 659-5459 

 Mr. Edward Grimm 
 November 14, 2005 
 Page 2 
 Through October 31, 2005, Sabine has received equity contributions totaling $216.7 million of the required
Equity Contribution Amount of $233.7 million. The EPC invoice due November 28, 2005 is approximately $30 million resulting in a funding requirement of $13 million. Proceeds from the subordinated Indebtedness will be utilized for this
requirement and for additional project costs up to the amount of the subordinated Indebtedness. 
 Based on current projections, Sabine anticipates the
initial Funding Date to be December 23, 2005. 
  

			
	Sincerely,
	
	SABINE PASS LNG, L.P.
		
	By:	 	/s/ Graham A. McArthur
		 	Graham A. McArthur
		 	Treasurer

 Exhibit B 
 to Consent and Amendment No. 8 
 Subordinated Note 
 (see attached) 

 SUBORDINATED PROMISSORY NOTE 
 SABINE PASS LNG, L.P. 
  

			
	$50,000,000	  	 Houston, Texas
 November 28, 2005

 SABINE PASS LNG, L.P. (the “Borrower”), a Delaware limited partnership, for value
received, hereby promises to pay to CHENIERE LNG FINANCIAL SERVICES, INC., a Delaware corporation (“Cheniere”) on June 30, 2015 (the “Maturity Date”) the principal sum of the lesser of (a) FIFTY MILLION
and No/100 DOLLARS ($50,000,000) or (b) so much thereof as has been advanced from time to time by Cheniere. Interest shall accrue at the rate of the sum of the LIBO Rate (defined below) plus 3% per annum on the principal amount of this
Note outstanding from time to time and shall be payable on the Maturity Date. The amount of interest payable shall be computed on the basis of a 360-day year and, for any period less than a full calendar month, the actual number of days elapsed in
such month. In the event that the Maturity Date of this Note occurs on a day that is not a Business Day, then the payment payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment
in respect of any such delay). 
 Payment of principal and interest shall be made to Cheniere in such coin or currency of the United States
of America as at the time of payment shall be legal tender for the payment of public and private debts. All payments of principal and interest on this Note shall be made no later than 12:00 Noon (Houston time) on the Maturity Date via electronic
wire transfer in immediately available funds to a bank account in the United States of America, as shall be directed by Cheniere to the Borrower. Subject to Section 5 hereof, the principal and interest on this Note may be prepaid at any time in
whole or in part without any prepayment premium or make whole payment. 
 SECTION 1 DEFINITIONS 
 1.1 Capitalized terms that are defined herein shall have the meanings specified herein. Capitalized terms not otherwise defined herein shall have the
meanings set forth in the Credit Agreement (including Exhibit F thereto) dated as of February 25, 2005, among the Borrower, each of the lenders party to the Credit Agreement, Société Générale, as agent for the
Lenders (in such capacity, together with its successors in such capacity, the “Agent” ) and HSBC Bank USA, National Association as collateral agent for the secured parties specified therein (the “Credit Agreement”).

 “Interest Period” means the period commencing on the date hereof, and ending on the
last day of the period selected by the Borrower pursuant to the provisions below and, thereafter, each subsequent period commencing on the last day of the immediately preceding Interest Period and ending on the last day of the period selected by the
Borrower pursuant to the provisions below. The duration of each such Interest Period shall be one, two, three or six months, as the Borrower may, upon notice received by Cheniere not later than 11:00 a.m. (Houston time) on the third Business
Day prior to the first day of such Interest Period, select; provided, however, that: 
 (a) whenever the last
day of any Interest Period would otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day; provided, however, that, if such extension would
cause the last day of such Interest Period to occur in the next following calendar month, the last day of such Interest Period shall occur on the next preceding Business Day; 

 (b) whenever the first day of any Interest Period occurs on a day of an initial calendar
month for which there is no numerically corresponding day in the calendar month that succeeds such initial calendar month by the number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last
Business Day of such succeeding calendar month; and 
 (c) if the Borrower shall fail to select the duration of any Interest
Period as set forth above, the Borrower shall automatically be deemed to have selected an interest period of three months. 
 SECTION 2
REPRESENTATIONS AND WARRANTIES 
 2.1 The Borrower represents and warrants to Cheniere that the representations and warranties contained
in Article VII of the Credit Agreement are true and correct on the date hereof. 
 SECTION 3 COVENANTS 
 3.1 The Borrower covenants and agrees with Cheniere that until the Maturity Date, it shall comply with the covenants of the Borrower as set forth in
Sections 8.01, 8.02, 8.03, 8.04, 8.05(a), 8.06, 8.07, 8.08, 8.11, 8.12, 8.13, 8.14, 8.15, 8.16, 8.17, 8.18, 8.23, 8.24,
8.25, 8.30, 8.31 and 8.32 of the Credit Agreement. 
 SECTION 4 EVENTS OF DEFAULT 
 4.1 Events of Default; Remedies. If one or more of the following events (each, an “Event of Default”) shall occur and be
continuing: 
 (a) the Borrower shall default in the payment of any amounts due on this Note on the Maturity Date; or

 (b) (i) any representation or warranty made by the Borrower in this Note shall prove to have been false or misleading
in any material respect as of the time made, and such condition or circumstance could reasonably be expected to have a Material Adverse Effect; provided, that such misrepresentation or such false statement shall not constitute an Event of
Default if such condition or circumstance is (A) subject to cure, as determined by Cheniere in its reasonable judgment and (B) remedied within 30 days after the earlier of (I) written notice of such default from Cheniere or
(ii) the Borrower’s Knowledge of such default; or 

 (c) the Borrower shall fail to observe or perform any covenant or agreement contained in
Section 8.02, 8.04(c), 8.11(a), 8.12, 8.13, 8.15(b), 8.16, 8.30 or 8.31 of the Credit Agreement which are incorporated into this Note in Section 3 above; or 
 (d) the Borrower shall default in the performance of any of its covenants or material agreements to be performed or observed by it under
this Note (not otherwise addressed in this Section 4) and such default, if capable of remedy, shall continue unremedied for a period of 30 days after written notice of such default (specifying such default and requiring remedy
thereof) from Cheniere; provided, that if such failure is not capable of remedy within such 30-day period, such 30-day period shall be extended to a total period of 60 days so long as (i) such default is subject to cure,
(ii) the Borrower is diligently and continuously proceeding to cure such default and (iii) such additional cure period could not reasonably be expected to result in a Material Adverse Effect or materially and adversely affect the
Borrower’s rights, duties, obligations or liabilities under any TUA with an Anchor Tenant; or 
 (e) the occurrence of an
Event of Default under the Credit Agreement. 
 then, subject to Section 5 below, Cheniere may at its option by
notice to the Borrower declare all principal of and interest accrued on this Note to be, and such principal and interest shall automatically become, immediately due and payable. 
 SECTION 5 SUBORDINATION 
 5.1 Subordination to Secured
Obligations. The Borrower covenants and agrees, and Cheniere covenants and agrees (on behalf of it and its successors and assigns) that payments of the principal of and interest on this Note and all other amounts payable hereunder are and
shall be subordinate in right of payment to the indefeasible prior payment in full, in cash, of all existing and future Secured Obligations and that the subordination provided for in this Section 5 is for the benefit of Persons holding Secured
Obligations from time to time and their representatives and shall remain subordinate as long as any Secured Obligations are outstanding or any commitment to advance any Secured Obligations exists. 
 5.2 Default on Secured Obligations. Upon any payment or distribution of assets or securities of the Borrower of any kind or character, whether in
cash, securities or other property, to creditors of the Borrower in a liquidation (total or partial), reorganization, winding-up or dissolution of the Borrower, whether voluntary or involuntary, or in a bankruptcy, reorganization, insolvency,
receivership, assignment for the benefit of creditors, marshaling of assets or similar proceeding relating to the Borrower or any of its property or credits: 
 (a) the holders of Secured Obligations shall be entitled to receive indefeasible payment in full, in cash, of such Secured Obligations
before Cheniere shall be entitled to receive any payment of principal of or interest on, or any other payment or distribution of assets or securities (other than any interest or any securities the payment of which is subordinated at least to the
same extent as this Note to the Secured Obligations, the rate of interest on which does not exceed the effective rate of interest on this Note and the principal of which, in whole or in part, is not due on or prior to the Final Maturity 

 
Date) with respect to, this Note or on account of any purchase or other acquisition of any Subordinated Indebtedness by the Borrower; and 
 (b) until the Secured Obligations are indefeasibly paid in full in cash, any payment or distribution of assets or securities of the
Borrower of any kind or character, whether in cash or other Property, to which Cheniere would be entitled but for this Section 5, shall be made by the Borrower or by any receiver, trustee in bankruptcy, liquidating trustee, agent or
other Person making such payment of distribution directly to the holders of Secured Obligations to the extent necessary to pay all such Secured Obligations in full in cash. 
 5.3 No Payment. Cheniere hereby agrees that: (a) unless and until the principal of, and interest and premium (if any) on, and all other
amounts in respect of, the Secured Obligations then due shall have been paid indefeasibly in full and in cash, no payment on account of the principal of, or interest or premium (if any) on, or any other amount in respect of, this Note or any
judgment with respect thereto (and no payment on account of the purchase or redemption or other acquisition of this Note) shall be made by or on behalf of the Borrower and (b) unless and until the principal of, and interest and premium (if any)
on, and all other amounts in respect of, the Secured Obligations shall have been paid indefeasibly in full and in cash Cheniere shall not (i) ask, demand, sue for, take or receive from the Borrower, by set-off or in any other manner any payment
on account of the principal of, or interest or premium (if any) on, or any other amount in respect of, this Note or (ii) seek any other remedy allowed at law or in equity against the Borrower for breach of the Borrower’s obligations under
this Note. The provisions of this Section 5.3 shall not alter the rights of the holders of Secured Obligations under the provisions of Section 5.2 hereof. 
 5.4 Payments In Trust. If Cheniere shall at any time receive any payment or distribution that is not permitted under this Section 5,
such payment or distribution shall be held by Cheniere in trust for the benefit of, and shall be promptly paid over and delivered to, in the form received but with any necessary endorsements, the Agent for the benefit of the holders of Secured
Obligations (pro rata as to each of such holders on the basis of the respective amounts of Secured Obligations held by them), for application to the payment of all Secured Obligations remaining unpaid to the extent necessary to pay all
Secured Obligations in full in cash in accordance with its terms, after giving effect to any concurrent payment or distribution to or for the holders of Secured Obligations. 
 5.5 Subrogation. After all Secured Obligations are indefeasibly paid in full in cash and all commitments to advance any Secured Obligations have
been terminated, and until this Note is paid in full, Cheniere shall be subrogated (equally and ratably with the holders of all indebtedness of the Borrower that by its express terms is subordinated to Secured Obligations of the Borrower to the same
extent as this Note is subordinated and that is entitled to like rights of subrogation) to the rights of the holders of Secured Obligations to receive distributions applicable to Secured Obligations to the extent that distributions otherwise payable
to Cheniere have been applied to payment of Secured Obligations. 

 5.6 No Impairment. 
 (a) Nothing in this Section 5 shall (i) impair, as between the Borrower and Cheniere, the obligation of the Borrower to
pay principal of and interest on this Note in accordance with its terms, (ii) affect the relative rights of Cheniere and the creditors of the Borrower other than the holders of Secured Obligations, (iii) if applicable, prevent Cheniere
from exercising remedies upon the occurrence of an Event of Default as provided above, subject to the rights of holders of Secured Obligations under this Section 5 or (iv) create or imply the existence of any commitment on the part
of the holders of Secured Obligations to extend credit to the Borrower. 
 (b) No right of any present or future holder of
Secured Obligations to enforce the subordination provisions of this Section 5 shall at any time in any way be prejudiced or be impaired by any act or failure to act by the Borrower or anyone in custody of its assets or property or by its
failure to comply with the Credit Agreement or this Note. Without in any way limiting the generality of the foregoing, the holders of the Secured Obligations may, at any time and from time to time, without the consent of or notice to Cheniere,
without incurring any responsibility to Cheniere and without impairing, limiting or releasing the subordination provided in this Section 5 or the obligations under this Section 5 of Cheniere to the holders of the Secured
Obligations to do any one or more of the following: (i) change the manner, place or terms of payment or extend the time of payment of, or renew or alter, Secured Obligations or any instrument evidencing the same or any agreement under which
Secured Obligations are outstanding; (ii) sell, exchange, release or otherwise deal with any property pledged, mortgaged or otherwise securing Secured Obligations; (iii) release any Person guaranteeing or otherwise liable for Secured
Obligations; and (iv) exercise or refrain from exercising any rights against the Borrower, any other Person or any collateral securing any Secured Obligations. 
 5.7 Reliance by Holders of Secured Obligations on Subordination Provisions. Cheniere as beneficiary of this Note acknowledges and agrees that the provisions of this Section 5 are, and are intended
to be, an inducement and a consideration to each holder of any Secured Obligations, whether such Secured Obligations were created or acquired before or after the issuance or incurrence of the Subordinated Indebtedness evidenced by this Note, to
acquire and continue to hold, or to continue to hold, such Secured Obligations and such holder of Secured Obligations shall be deemed conclusively to have relied on such subordination provisions in acquiring and continuing to hold, or in continuing
to hold, such Secured Obligations. The provisions of this Section 5 may not be amended, altered or modified without the consent of the holders of such Secured Obligations. 
 5.8 Agent to Effectuate Subordination. Cheniere hereby appoints the Agent as its attorney-in-fact to take such actions as may be necessary to
effectuate the subordination provided for in this Section 5, including in any proceeding referred to in Section 5.2. If Cheniere does not file any proof or claim of debt in any such proceeding within 30 days prior to the last
date for the filing of any such proof or claim of debt, then, so long as any Secured Obligations shall be outstanding, the Agent shall be entitled, and is hereby authorized, to file any appropriate proof or claim on behalf of Cheniere. 

 5.9 No Waiver of Provisions. No right of the Agent or any holder of any Secured Obligations to
enforce this Section 5 shall in any way be impaired by any act or failure to act on the part of the Borrower or on the part of the Agent or any such holder or by any noncompliance by the Borrower with the terms of any agreement or
instrument evidencing this Note, the Credit Agreement or any Financing Document, whether or not the Agent or any such holder has knowledge of such noncompliance. Without limiting the generality of the foregoing, the Agent and such holders may,
without notice to or consent from Cheniere and without impairing the right of the Agent or any such holder to enforce this Section 5, do any of the following: 
 (a) amend, modify, supplement, renew, replace, or extend the terms of all or any part of the Secured Obligations or the Credit Agreement
or any other Financing Document in any respect whatsoever; 
 (b) sell or otherwise transfer, release, realize upon or enforce
or otherwise deal with, all or any part of the Secured Obligations or the Credit Agreement or any other Financing Document or any collateral securing or guaranty supporting all or any part of the Secured Obligations; 
 (c) settle or compromise all or any part of the Secured Obligations or any other liability of the Borrower to the Agent or any such holder
and apply any sums received to the Secured Obligations or any such liability in such manner and order as the Agent or any such holder may determine; and 
 (d) fail to take or to perfect, for any reason or for no reason, any Lien securing all or any part of the Secured Obligations, exercise or delay in or refrain from exercising any remedy against the Borrower or any
security or guarantor for all or any part of the Secured Obligations, or make any election of remedies or otherwise deal freely with respect to all or any part of the Secured Obligations or any security or guaranty for all or any part of the Secured
Obligations. 
 SECTION 6 MISCELLANEOUS 
 6.1 Giving of Notice. Any notice, request, complaint, demand, communication, or other paper shall be sufficiently given and shall be deemed given when delivered by hand or on the fifth (5th) day after
being mailed by registered or certified first class mail, postage prepaid, addressed as follows: 
  

			
	 To the Borrower:
	  	 Sabine Pass LNG, L.P.
 c/o Sabine Pass LNG-G.P., Inc
 717 Texas Avenue , Suite 3100
 Houston, Texas 77002
 Attn: Treasurer
 Telephone No.: (832) 204 2290
 Telecopier No.: (713) 659 5459

			
	 To Cheniere:
	  	 Cheniere LNG Financial Services, Inc.
 717 Texas Avenue, Suite 3100
 Houston, Texas 77002
 Attn: Chief Financial Officer
 Telephone No.: (713) 265 0220
 Telecopier No.: (713) 659 5459

 The above parties may, by notice given hereunder, designate any further or different addresses to
which subsequent notices, certificates or other communications shall be sent. 
 6.2 Special Exculpation. TO THE EXTENT
PERMITTED BY APPLICABLE GOVERNMENT RULE, NO CLAIM MAY BE MADE BY ANY PARTY HERETO AGAINST ANY OTHER PARTY HERETO OR ANY OF THEIR RESPECTIVE AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS OR AGENTS FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL OR
PUNITIVE DAMAGES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATING TO, OR ANY ACT, OMISSION OR EVENT OCCURRING IN CONNECTION WITH THIS NOTE OR THE TRANSACTION CONTEMPLATED BY THIS NOTE (OTHER
THAN THE RIGHTS OF CHENIERE EXPRESSLY SET FORTH IN THIS NOTE), AND EACH PARTY HEREBY WAIVES, RELEASES AND AGREES NOT TO SUE UPON ANY CLAIM FOR ANY SUCH DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR.

 6.3 Expenses, Etc. The Borrower agrees to pay or reimburse Cheniere for: (a) all reasonable out-of-pocket costs and expenses
of Cheniere (including the reasonable fees and expenses of counsel to Cheniere from time to time, in connection with (i) the negotiation, preparation, execution and delivery of this Note and (ii) any amendment, modification or waiver of
any of the terms of this Note, and (b) all reasonable costs and expenses of (including reasonable counsels’ fees and expenses) in connection with (i) any Event of Default and any enforcement or collection proceedings resulting from
such Event of Default or in connection with the negotiation of any restructuring or “work-out” (whether or not consummated) of the obligations of the Borrower under this Note and (ii) the enforcement of this Section 6.3(b)
and all transfer, stamp, documentary or other similar taxes, assessments or charges levied by any Government Authority in respect of this Note or any other document referred to in this Note. 
 The Borrower hereby agrees to indemnify Cheniere and its respective officers, directors, employees, representatives, attorneys and agents (each, an
“Indemnitee”) from, and shall hold each of them harmless against, any and all losses, liabilities, claims, damages, expenses, obligations, penalties, actions, judgments, suits, costs or disbursements of any kind or nature whatsoever
(including the reasonable fees and expenses of counsel for each Indemnitee in connection with any investigative, administrative or judicial proceeding commenced or threatened, whether or not such Indemnitee shall be designated a party to any such
proceeding) that may at any time (including at any time following the Maturity Date) be imposed on, asserted against or incurred by an Indemnitee as a result of, or arising out of, or in any way related to or by reason of any claim of third parties
with respect to (a) any of the transactions contemplated by 

 
this Note or the execution, delivery or performance of this Note, and (b) the extensions of credit under this Note. Without limiting the generality of
the foregoing, the Borrower hereby agrees to indemnify each Indemnitee from, and shall hold each Indemnitee harmless against, any losses, liabilities, claims, damages, reasonable expenses, obligations, penalties, actions, judgments, suits, costs or
disbursements described in the preceding sentence (including any Lien filed against the Project by any Government Authority but excluding, as provided in the preceding sentence, any such losses, liabilities, claims, damages, expenses, obligations,
penalties, actions, judgments, suits, costs or disbursements incurred directly and primarily by reason of the gross negligence or willful misconduct of such Indemnitee as finally determined by a court of competent jurisdiction) (collectively,
“Losses”) arising under any Environmental Law including any Environmental Claims or other Losses arising as a result of the past, present or future operations of the Borrower, or the past, present or future condition of the Project,
or any Release or Use or threatened Release of any Hazardous Materials with respect to the Project (including any such Release or Use or threatened Release which shall occur during any period when such Indemnitee shall be in possession of any such
site or facility following the exercise by Cheniere of any of its rights and remedies under this Note where such Use or Release commenced or occurred prior to such period); provided, however, that the Borrower shall have no such
obligation to indemnify any Indemnitee to the extent that any such Release or Use is caused by such Indemnitee’s gross negligence or willful misconduct as determined by a final non-appealable judgment. 
 6.4 Waivers, Etc. The Borrower waives notice (including but not limited to notice of intent to accelerate and notice of acceleration, notice of
protest and notice of dishonor), demand, presentment for payment, protest, diligence in collecting and the filing of suit for the purpose of fixing liability. 
 6.5 Captions. The captions and section headings appearing in this Note are included solely for convenience of reference and are not intended to affect the interpretation of any provision of this Note.

 6.6 Integration. This Note constitutes the entire agreement and understanding between the parties to this Note with respect
to the matters covered by this Note and supersedes any and all prior agreements and understandings, written or oral, with respect to such matters. 
 6.7 Severability. Any provision of this Note held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without
affecting the validity, legality and enforceability of the remaining provisions of this Note and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 
 6.8 Limitation of Liability. Notwithstanding any other provision of this Note, there shall be no recourse against any Affiliates of the
Borrower or any of their respective stockholders, partners, members, officers, directors, employees or agents (collectively, the “Nonrecourse Persons”), for any liability to Cheniere arising under this Note and Cheniere shall look
solely to the Borrower in exercising its rights and remedies in connection therewith. The limitations on recourse set forth in this Section 6.8 shall survive the termination of this Note and the full and indefeasible payment this Note.

 6.9 No Assignment. Except as otherwise permitted in the Credit Agreement, the Borrower shall not
assign its rights or obligations under this Note without the prior consent of the Agent which consent shall not be unreasonably withheld. 
 6.10 Amendments, Etc. Any provision of this Note may be amended or modified only by an instrument in writing signed by the Borrower and Cheniere. 
 6.11 Governing Law; Submission to Jurisdiction. THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE AND TO BE PERFORMED IN SUCH
STATE. THE PARTIES HEREBY SUBMIT TO THE NONEXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURTS AND STATE COURTS SITTING IN NEW YORK CITY FOR THE PURPOSES OF ALL LEGAL PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THE OTHER FINANCING DOCUMENTS. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY
SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. THE BORROWER HEREBY APPOINTS AND DESIGNATES CT CORPORATION SYSTEM, WHOSE ADDRESS IS 111 EIGHTH AVENUE,
13TH FLOOR, NEW YORK, NY 10011, OR ANY OTHER PERSON HAVING AND MAINTAINING A PLACE OF BUSINESS IN THE STATE OF NEW YORK
WHOM BORROWER MAY FROM TIME TO TIME HEREAFTER DESIGNATE (HAVING GIVEN 30 DAYS’ NOTICE THEREOF TO THE COLLATERAL AGENT AND EACH HOLDER OF A NOTE THEN OUTSTANDING), AS THE DULY AUTHORIZED AGENT FOR RECEIPT OF SERVICE OF LEGAL PROCESS. NOTHING
HEREIN SHALL AFFECT THE RIGHT OF THE PARTIES TO BRING PROCEEDINGS IN THE COURTS OF ANY OTHER JURISDICTION OR TO SERVE PROCESS IN ANY MANNER PERMITTED BY LAW. 
 6.12 Waiver of Jury Trial. THE BORROWER AND CHENIERE HEREBY IRREVOCABLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY AND ALL RIGHT
TO TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS NOTE OR THE TRANSACTION CONTEMPLATED BY THIS NOTE. 
 IN WITNESS WHEREOF, this Note has been executed on behalf of the Borrower. 

			
	 SABINE PASS LNG, L.P.
 “BORROWER”

		
	 By: 
	 	 /s/ Graham McArthur

	 Name: 
	 	 Graham McArthur

	 Title: 
	 	 Treasurer

  

			
	 Accepted as of the date first above written

	
	 CHENIERE LNG FINANCIAL SERVICES, INC.
 “CHENIERE”

		
	 By: 
	 	 /s/ Don A. Turkleson

	 Name: 
	 	 Don A. Turkleson

	 Title: 
	 	 Chairman, President, CEO & CFO

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