Below is a summary of our related party transactions as reported on our Consolidated Statements of Income during the years ended December 31, 2021, 2020 and 2019 (in millions):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
|
|
2021 |
|
2020 |
|
2019 |
LNG revenues—affiliate |
|
|
|
|
|
|
|
|
|
Cheniere Marketing Agreements |
|
|
|
|
$ |
1,453 |
|
|
$ |
632 |
|
|
$ |
1,309 |
|
Contracts for Sale and Purchase of Natural Gas and LNG |
|
|
|
|
19 |
|
|
30 |
|
|
3 |
|
Total LNG revenues—affiliate |
|
|
|
|
1,472 |
|
|
662 |
|
|
1,312 |
|
|
|
|
|
|
|
|
|
|
|
|
LNG revenues—related party |
|
|
|
|
|
|
|
|
|
Natural Gas Transportation and Storage Agreements |
|
|
|
|
1 |
|
|
— |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of sales—affiliate |
|
|
|
|
|
|
|
|
|
Cheniere Marketing Agreements |
|
|
|
|
34 |
|
|
61 |
|
|
— |
|
Contracts for Sale and Purchase of Natural Gas and LNG |
|
|
|
|
50 |
|
|
16 |
|
|
7 |
|
Total cost of sales—affiliate |
|
|
|
|
84 |
|
|
77 |
|
|
7 |
|
|
|
|
|
|
|
|
|
|
|
|
Cost of sales—related party |
|
|
|
|
|
|
|
|
|
Natural Gas Transportation and Storage Agreements |
|
|
|
|
1 |
|
|
— |
|
|
— |
|
Natural Gas Supply Agreements (1) |
|
|
|
|
16 |
|
|
— |
|
|
— |
|
Total cost of sales—related party |
|
|
|
|
17 |
|
|
— |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
Operating and maintenance expense—affiliate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Services Agreements |
|
|
|
|
142 |
|
|
152 |
|
|
138 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating and maintenance expense—related party |
|
|
|
|
|
|
|
|
|
Natural Gas Transportation and Storage Agreements |
|
|
|
|
46 |
|
|
13 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
General and administrative expense—affiliate |
|
|
|
|
|
|
|
|
|
Services Agreements |
|
|
|
|
85 |
|
|
96 |
|
|
102 |
|
|
|
|
|
|
|
|
|
|
|
Other income—affiliate |
|
|
|
|
|
|
|
|
|
Cooperative Endeavor Agreement |
|
|
|
|
2 |
|
|
2 |
|
|
2 |
|
(1)Includes amounts recorded related to natural gas supply contracts that SPL had with a related party. This agreement ceased to be considered a related party agreement during 2021, as discussed below.
|