Chris Luxon says the Government's proposed LNG important terminal in Taranaki will only proceed if it makes commercial sense.

A procurement process was announced last month, with the Government due to make a decision on whether to proceed around the middle of the year.

Newstalk ZB understands multiple ministers privately admit high gas prices might lead Cabinet to walk away from the project.

The Prime Minister told Mike Hosking that the Government will seriously consider the options put on the table.

He says he genuinely wants to make sure the business case is right - and if there's a good business case they'll do it, and if there isn't, they won't.

LISTEN ABOVE

Chris Luxon says the Government's proposed LNG important terminal in Taranaki will only proceed if it makes commercial sense.
A procurement process was announced last month, with the Government due to make a decision on whether to proceed around the middle of the year.
Newstalk ZB understands multiple ministers privately admit high gas prices might lead Cabinet to walk away from the project.
The Prime Minister told Mike Hosking that the Government will seriously consider the options put on the table.
He says he genuinely wants to make sure the business case is right - and if there's a good business case they'll do it, and if there isn't, they won't.
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Christopher Luxon: Prime Minister comments on progress of proposed LNG terminal in Taranaki

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/defaf430-8696-4087-8177-b41c013e39e6/transcript