Below is a summary of our related party transactions as reported on our Consolidated Statements of Income for the three and six months ended June 30, 2021 and 2020 (in millions):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
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LNG revenues—affiliate |
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Cheniere Marketing Agreements |
$ |
209 |
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$ |
59 |
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$ |
419 |
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$ |
241 |
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Contracts for Sale and Purchase of Natural Gas and LNG |
2 |
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2 |
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6 |
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8 |
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Total LNG revenues—affiliate |
211 |
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61 |
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425 |
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249 |
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Cost of sales—affiliate |
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Cheniere Marketing Agreements |
— |
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— |
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34 |
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— |
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Contracts for Sale and Purchase of Natural Gas and LNG |
12 |
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5 |
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20 |
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5 |
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Total cost of sales—affiliate |
12 |
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5 |
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54 |
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5 |
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Cost of sales—related party |
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Natural Gas Transportation and Storage Agreements |
1 |
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— |
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1 |
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— |
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Operating and maintenance expense—affiliate |
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Services Agreements |
35 |
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48 |
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69 |
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81 |
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Operating and maintenance expense—related party |
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Natural Gas Transportation and Storage Agreements |
12 |
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— |
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22 |
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— |
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General and administrative expense—affiliate |
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Services Agreements |
21 |
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24 |
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42 |
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49 |
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