Nicola Willis: Finance Minister on the Government building a new facility for importing liquefied natural gas

The Finance Minister says the newly announced facility for importing liquefied natural gas will save Kiwi households more money.

The Government plans to impose a levy on electricity users to pay for the importation facility, expected to be around a billion dollars.

A contract's expected to be signed later this year.

Nicola Willis says this will help fund a more secure energy supply, meaning lower costs for households.

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