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What is the current proposed funding mechanism, if any, for the LNG import facility, and when will that be confirmed publicly before the contract is signed? and 2 other questions

Answered 28178, 28183, 28184 (2026)
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Questions

  • Asked by

    Debbie Ngarewa-Packer

    Member for Te Tai Hauāuru · Te Pāti Māori

    28178

    What is the current proposed funding mechanism, if any, for the LNG import facility, and when will that be confirmed publicly before the contract is signed?

    Original response/referral lodged:

  • Asked by

    Megan Woods

    Member for Wigram · Labour Party

    28183

    What is the scope of the “commercial negotiations with the gentailers for them to pay for the facility” with regards to the proposed LNG import facility?

  • Asked by

    Megan Woods

    Member for Wigram · Labour Party

    28184

    How, if at all, does he define a “fair funding model” to pay for the proposed LNG import facility?

Answered by

Hon Simeon Brown

Member for Pakuranga · National Party · Minister for Energy

Answer

I am advised that MBIE and NIFF are working through the detail of how the facility will be paid for, including engaging with the gentailers on a fair funding model.