The government's decision to abandon an LNG import levy and instead place responsibility for energy security and risk management on power companies is defended as a way to reduce electricity costs and improve supply stability, though critics question whether the $1 billion cost会被
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So the government's scrapping plans for a levy read tax to pay for the billion dollar LNG import terminal. They haven't been very clear though on how it will be funded. It expects to sign a contract with a provider later in this year. So to talk about this and the funding, I'm joined by Energy Minister Simeon Brown. Hello, Simeon. First of all, why no levy?
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regulatory oversight to prevent price gouging
Simeon Brown: Energy Minister on the Government pressing on with LNG Import FacilitySpotted something wrong on this page? Report a correction.