Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS
 
Below is a summary of our transactions with our affiliates and other related parties, all in the ordinary course of business, as reported on our Consolidated Statements of Operations (in millions):
Three Months Ended March 31,
2024 2023
LNG revenues—affiliate
SPAs and Letter Agreements with Cheniere Marketing
$ 524  $ 761 
Cost of sales—affiliate
Cheniere Marketing Agreements 4  — 
Contracts for Sale and Purchase of Natural Gas and LNG —  17 
Total cost of sales—affiliate 4  17 
Operating and maintenance expense—affiliate
Services Agreements (see Note 1)
43  44 
Operating and maintenance expense—related party
Natural Gas Transportation and Storage Agreements (1) 13  16 
General and administrative expense—affiliate
Services Agreements (see Note 1)
22  22 
(1)This related party is partially owned by Brookfield, who indirectly owns a portion of our limited partner interests.
We had $32 million and $55 million due to affiliates as of March 31, 2024 and December 31, 2023, respectively, under the agreements with affiliates referenced in the above table.

Disclosures relating to future consideration under revenue contracts with affiliates is included in Note 10—Revenues.
See our annual report on Form 10-K for the fiscal year ended December 31, 2023 for additional information regarding the agreements referenced in the above table, as well as a description of other agreements we have with our affiliates, including the Terminal Marine Services Agreement. Under this agreement, Tug Services distributed $1 million during both the three months ended March 31, 2024 and 2023 to Cheniere Terminals, which is recognized as part of the distributions to our general partner interest holders on our Consolidated Statements of Partners’ Deficit.