Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash and Cash Equivalents

v3.23.2
Restricted Cash and Cash Equivalents
6 Months Ended
Jun. 30, 2023
Restricted Cash and Cash Equivalents [Abstract]  
Restricted Cash and Cash Equivalents RESTRICTED CASH AND CASH EQUIVALENTS
 
Pursuant to the accounts agreement entered into with the collateral trustee for the benefit of SPL’s debt holders, SPL is required to deposit all cash received into reserve accounts controlled by the collateral trustee. The usage or withdrawal of such cash is restricted to the payment of liabilities related to the Liquefaction Project and other restricted payments.

As of June 30, 2023 and December 31, 2022, we had $241 million and $92 million of restricted cash and cash equivalents, respectively, as required under the above agreement.