Property, Plant and Equipment (Notes)

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of LNG terminal costs and fixed assets, as follows (in thousands):

	June 30,			December 31,
	2013			2012
LNG terminal costs
LNG terminal	$	2,224,392		$	2,224,230
LNG terminal construction-in-process	2,868,812			1,228,647
LNG site and related costs, net	152			156
Accumulated depreciation	(262,925		)	(234,349		)
Total LNG terminal costs, net	4,830,431			3,218,684
Fixed assets
Computer and office equipment	424			368
Vehicles	884			704
Machinery and equipment	1,471			1,473
Other	750			760
Accumulated depreciation	(2,609		)	(2,397		)
Total fixed assets, net	920			908
Property, plant and equipment, net	$	4,831,351		$	3,219,592

Depreciation expense related to the Sabine Pass LNG terminal totaled $14.2 million for each of the three months ended June 30, 2013 and 2012. Depreciation expense related to the Sabine Pass LNG terminal totaled $28.4 million for each of the six months ended June 30, 2013 and 2012.

In June 2012, we satisfied the criteria for capitalizing costs associated with Trains 1 and 2 of the Liquefaction Project, and in May 2013, we satisfied the criteria for capitalizing costs associated with Trains 3 and 4 of the Liquefaction Project. For the three and six months ended June 30, 2013, we capitalized $59.4 million and $94.7 million of interest expense related to the construction of the Liquefaction Project, respectively.