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Are there any circumstances in which general taxation would be used to cover LNG terminal cost shortfalls, and if so, what are they?

Answered Question 6093 (2026)
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Asked by

Megan Woods

Member for Wigram · Labour Party

Question

  • Are there any circumstances in which general taxation would be used to cover LNG terminal cost shortfalls, and if so, what are they?

Answered by

Hon Simon Watts

Member for North Shore · National Party · Minister for Energy

Answer

The Government intends for a levy to cover the cost of the facility, as the facility will act as an insurance against dry year. Details of the operation of the levy are yet to be confirmed.