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What advice, if any, has the Minister received regarding any risk that projects funded from the $200 million Gas Security of Supply fund will fail to reach commercial production, and what is the nature of that advice?

Answered Question 18507 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • What advice, if any, has the Minister received regarding any risk that projects funded from the $200 million Gas Security of Supply fund will fail to reach commercial production, and what is the nature of that advice?

Answered by

Hon Shane Jones

List MP · NZ First · Minister for Regional Development

Answer

Information regarding this is contained in the following Cabinet papers, both of which are available on the on the Ministry of Business, Innovation, and Employment's document library at www.mbie.govt.nz/document-library - Potential for Crown cornerstone stake in new gas field developments to mitigate sovereign risk - Business case: Commercial co-investment to bring new gas to market I also received the following advice: -Briefing: Ministerial update on the Gas Security Fund: April 2026.