Answered
Question 4006 (2026)
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Asked by
Megan Woods
Member for Wigram · Labour Party
Question
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Who, if anyone, ultimately bears the financial risk if LNG infrastructure is underutilised?
Answered by
Hon Simon Watts
Member for North Shore · National Party · Minister for Energy
Answer
If the facility is not utilised in a particular year, New Zealanders will continue to receive benefits that far outweigh the costs. Just by having an LNG facility, providing certainty of fuel availability for generation, New Zealanders will enjoy the benefits of reduced risk in electricity pricing.