The proposal would electrify Liquid Natural Gas (LNG) terminals, and support LNG sites to enable green energy and value-added exports.

This would be achieved by setting safeguard baselines to zero for all LNG terminals to force them to electrify their compressors instead of running them on gas.

$4.4 billion in equity funding would be provided for the Net Zero Economy Authority (NZEA) to invest in common use infrastructure at existing heavy industrial areas around the country to transform LNG sites to enable clean energy exports (ammonia and hydrogen), as well as value added exports (green steel, batteries and heat pumps).

The proposal would be ongoing and start on 1 July 2026.