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…