Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2026

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 March 31,
		2026		2025



Other revenues
Operating agreement and construction management agreement with equity method investee (1)		$	—	$	1







Operating and maintenance expense
Natural gas transportation and storage agreements with equity method investees (1)		8		8
Natural gas transportation and storage agreements with other related party (2)		—		74

(1)On February 13, 2025, we sold all of our equity interests in one of our equity method investments to a third party. Additionally, we assigned certain operating and construction management agreements to the purchaser of such interests. Included in the table above are $1 million of other revenues and $1 million of operating and maintenance expense from the investee during the three months ended March 31, 2025.

(2)These arrangements were with a party that was related to the entity that indirectly owns a portion of CQP’s 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.