Senate debates

Tuesday, 26 November 2019

Questions without Notice

Northern Australia Infrastructure Facility

2:36 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

The offer or investment decision of the Northern Australia Infrastructure Facility to invest in the Genex project remains on the table. Indeed, the Northern Australia Infrastructure Facility announced a couple of weeks ago that they would extend the validity of that decision through to next year for another six months. The reason for the delays in the project is unrelated to the Northern Australia Infrastructure Facility; they relate to the proponents themselves getting other offtake agreements in place with customers. Obviously, these things happen from time to time, but we are committed to the future of northern Australia. We are committed to staying the course here on all of these projects. I think that project in particular is very important to secure the power supplies of northern Queensland. That is why we will keep working with proponents to finalise that decision. I am hopeful that that will be made very soon.

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