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Is the Government considering appointing any entity as the sole or principal supplier of regasified LNG to the domestic market; if so, what entity is being considered? and 2 other questions

Answered 20450, 20451, 20452 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Questions

  • 20450

    Is the Government considering appointing any entity as the sole or principal supplier of regasified LNG to the domestic market; if so, what entity is being considered?

  • 20451

    What market model is being considered for LNG procurement, including whether supply would occur through a single buyer, a single importer, multiple importers, or direct contracting by market participants, if any?

  • 20452

    What contract term is being considered for any government-backed LNG service agreement or offtake arrangement, if any?

Answered by

Hon Simeon Brown

Member for Pakuranga · National Party · Minister for Energy

Answer

I am advised that the approach to LNG procurement is being worked through to ensure we can best manage dry year risk and bolster our domestic gas supply.