Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
 6 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
Related Party Transactions 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,
2024 2023 2024 2023
Other revenues
Operating Agreement and Construction Management Agreement with Midship Pipeline Company, LLC (“Midship Pipeline”) (1)
$ 2  $ 2  $ 4  $ 5 
Operating and maintenance expense
Natural Gas Transportation and Storage Agreements with Midship Pipeline (2)
 3  2  5  4 
Natural Gas Transportation and Storage Agreements with a related party through Brookfield (2)
 16  14  29  30 
(1)Midship Pipeline is a subsidiary of Midship Holdings, LLC, which we recognize as an equity method investment.
(2)This related party is partially owned by Brookfield, who indirectly owns a portion of CQP’s limited partner interests.

Below is a summary of our related party balances, all in the ordinary course of business, as reported on our Consolidated Balance Sheets (in millions):
June 30, December 31,
2024 2023
Trade and other receivables, net of current expected credit losses $ 2  $ 3 
Accrued liabilities 5  6