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):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2024 |
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2023 |
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2024 |
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2023 |
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LNG revenues—affiliate |
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SPAs and Letter Agreements with Cheniere Marketing |
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$ |
391 |
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$ |
468 |
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$ |
915 |
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$ |
1,229 |
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Contracts for Sale and Purchase of Natural Gas and LNG with other affiliates |
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— |
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1 |
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— |
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1 |
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Total LNG revenues—affiliate |
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391 |
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469 |
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915 |
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1,230 |
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Cost of sales—affiliate |
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Cheniere Marketing Agreements |
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— |
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— |
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4 |
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— |
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Contracts for Sale and Purchase of Natural Gas and LNG |
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— |
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1 |
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— |
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18 |
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Total cost of sales—affiliate |
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— |
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1 |
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4 |
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18 |
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Operating and maintenance expense—affiliate |
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Services Agreements (see Note 1)
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39 |
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38 |
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82 |
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82 |
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Operating and maintenance expense—related party |
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Natural Gas Transportation and Storage Agreements (1) |
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16 |
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14 |
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29 |
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30 |
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General and administrative expense—affiliate |
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Services Agreements (see Note 1)
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23 |
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24 |
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45 |
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46 |
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Other operating costs and expenses—affiliate |
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Services Agreements (see Note 1)
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1 |
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— |
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1 |
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— |
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(1)This related party is partially owned by Brookfield, who indirectly owns a portion of our limited partner interests.
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