Annual report pursuant to Section 13 and 15(d)

Related Party Transactions (Tables)

v3.22.0.1
Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2021
Natural Gas Supply Agreement [Member]  
Related Party Transaction [Line Items]  
Schedule of Related Party Transactions
The Liquefaction Supply Derivatives related to this agreement were recorded on our Consolidated Balance Sheets as follows (in millions, except notional amount):
December 31,
2021 2020
Current derivative assets $ —  $ 3 
Derivative assets —  1 
Notional amount (in TBtu) —  60 
We recorded the following amounts on our Consolidated Statements of Operations during the years ended December 31, 2021, 2020 and 2019 related to these agreements (in millions):
Year Ended December 31,
2021 2020 2019
Cost of sales (a) (1) $ 162  $ 114  $ 85 
(a) Included in costs of sales:
Liquefaction Supply Derivative gain (1)
 $ 13  $ (1) $ (1)
(1)Includes amounts recorded related to natural gas supply contracts that SPL and CCL had with related parties. These agreements ceased to be considered related party agreements during 2021, as discussed above.