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What is the estimated fiscal cost, if any, of the new fiscal risk in the Budget Economic and Finance Update that "there is a risk that the Crown could incur additional costs to procure LNG facility services"?

Answered Question 24856 (2026)
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Asked by

Chlöe Swarbrick

Member for Auckland Central · Green Party

Question

  • What is the estimated fiscal cost, if any, of the new fiscal risk in the Budget Economic and Finance Update that "there is a risk that the Crown could incur additional costs to procure LNG facility services"?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

I am advised the estimated cost is commercially sensitive and therefore I do not believe it is in the public interest to release. As noted in the specific fiscal risk referenced by the Member, it is expected that the facility will be cost recovered from third party revenue and as such will be fiscally neutral.