French supermajor TotalEnergies SE has inked a $750 million tolling fee agreement with infrastructure fund Global Infrastructure Partners (GIP) related to the downstream facilities at the Gladstone liquefied natural gas (LNG) project in Australia.

Under the terms of the deal, GIP is to receive a throughput-based tolling fee calculated on TotalEnergies’ share of gas processed through the Gladstone facilities over 15 years, effective Jan. 1 of this year.

The downstream facilities include the two-train, 7.8 million metric tons/year (mmty) export plant on Australia’s east coast. They also include a 420-kilometer (260-mile) natural gas pipeline from the Fairview, Arcadia, Roma and Scotia fields in the Bowen-Surat Basin of Queensland to the Curtis Island terminal.