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What specific cost drivers account for the $5.6 million increase between the original and revised estimates for procurement for an LNG import facility? and 1 other question

Answered 41063, 41064 (2026)
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Asked by

Scott Willis

List MP · Green Party

Questions

  • 41063

    What specific cost drivers account for the $5.6 million increase between the original and revised estimates for procurement for an LNG import facility?

  • 41064

    What is the reason for the increase in the forecast cost of the procurement for an LNG import facility from $21.3 million to $26.9 million, and when was this revised forecast confirmed?

Answered by

Hon Simeon Brown

Member for Pakuranga · National Party · Minister for Energy

Answer

I am advised that the increase reflects refined project estimates as further information became available on the scope, timing and resourcing requirements of the project. The revised forecast includes additional support, option assessment and implementation planning work, timeline adjustments, and updated staffing estimates. I am further advised that the revised forecast was confirmed through the project's regular financial forecasting and reporting processes.