Cheniere Energy Partners, L.P. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment (Tables)

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Schedule of capitalized terminal costs and fixed assets

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



	December 31,
	2012			2011
LNG terminal costs
LNG terminal	$	1,641,722		$	1,637,724
LNG terminal construction-in-process	1,228,647			286
LNG site and related costs, net	156			163
Accumulated depreciation	(166,538		)	(124,409		)
Total LNG terminal costs, net	2,703,987			1,513,764

Fixed assets
Computer and office equipment	368			227
Vehicles	704			416
Machinery and equipment	1,473			1,068
Other	760			916
Accumulated depreciation	(2,397		)	(1,975		)
Total fixed assets, net	908			652

Property, plant and equipment, net	$	2,704,895		$	1,514,416

Schedule of estimated useful lives

The identifiable components of the Sabine Pass LNG terminal with similar estimated useful lives have a depreciable range between 15 and 50 years, as follows:



Components		Useful life (yrs)
LNG storage tanks		50
Marine berth, electrical, facility and roads		35
Regasification processing equipment (recondensers, vaporization and vents)		30
Sendout pumps		20
Others		15-30

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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