Quarterly report [Sections 13 or 15(d)]

Related Party Transactions (Tables)

v3.25.2
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
Below is a summary of our related party transactions, all in the ordinary course of business, as reported on our Consolidated Statements of Operations (in millions):
Three Months Ended June 30, Six Months Ended June 30,
2025 2024 2025 2024
LNG revenues—affiliate
SPAs and Letter Agreements with Cheniere Marketing, LLC (“Cheniere Marketing”)
$ 549  $ 391  $ 1,220  $ 915 
Cost of sales—affiliate
Cheniere Marketing Agreements —  —  — 
Operating and maintenance expense—affiliate
Services Agreements (see Note 1)
42  39  86  82 
Operating and maintenance expense—related party
Natural Gas Transportation and Storage Agreements (1) 13  16  28  29 
General and administrative expense—affiliate
Services Agreements (see Note 1)
24  23  47  45 
Other operating costs and expenses—affiliate
Services Agreements (see Note 1)
Other income—affiliate
Services Agreements (see Note 1) (2)
22 —  22 — 
(1)These arrangements were with a party who indirectly owns a portion of our limited partner interests. Due to the sale of such interests by that entity effective May 13, 2025, this party is no longer considered a related party as of that date.
(2)Represents the amount of cumulative income allocated to certain of our subsidiaries by an affiliate, to whom our subsidiaries advance payments to, for the affiliate to pay operating expenses on their behalf pursuant to their operating and maintenance agreements. The affiliate in turn temporarily invests such funds into interest and dividend earning deposit accounts, from which they allocated the historically earned income to our subsidiaries effective June 30, 2025. Prospectively, the affiliate will allocate such income to our subsidiaries in each period.