Malaysia Oil

2,700,000,000barrels
0.15%
of world reserves
at current production
604,171b/d+5.7% YoY
747,112b/d+3.6% YoY
Daily Deficit (2024)
−175,383b/d

Production covers 76.5% of consumption.

Consumption
Production
Deficit

Oil Reserves in Malaysia

  • Malaysia has proven oil reserves of 2,700,000,000 barrels (as reported in 2025) (#29 in the world), representing 0.15% of the world's total.
  • As of 2025 production rates, Malaysia has roughly 14 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Malaysia

  • Malaysia produced 604,171 barrels per day of oil and petroleum liquids in 2025 (#28 in the world), an increase of 5.7% from 571,729 barrels per day in 2024.
  • Of that, 512,670 barrels per day was crude oil in 2025.
  • And 39,579 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Malaysia

  • Malaysia consumed 747,112 barrels per day of oil and petroleum products in 2024 (#27 in the world), an increase of 3.6% from 2023. This represents 0.73% of the world's total oil consumption.
  • Per capita, oil consumption in Malaysia averaged 0.88 us gallons per day in 2024 (#74 in the world).
  • The largest refined-product categories were Motor Gasoline (43.5%), Distillate Fuel Oil (26.8%), and Liquefied Petroleum Gases (11%).

(Historical) Oil Imports & Exports in Malaysia

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Malaysia

  • In 2024, Malaysia produced approximately 571,729 barrels per day of oil and consumed 747,112 barrels per day , a deficit of 175,383 barrels per day.

Malaysia Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20252,700,000,000290.15%604,171+5.7%280.57%————————
20242,700,000,000290.15%571,729−4%290.55%747,112+3.6%270.73%0.88———
20233,600,000,000260.20%595,320−0.69%280.58%721,426+15%280.71%0.86———
20223,600,000,000270.21%599,431−1.9%280.60%627,321+7.3%290.63%0.76———
20213,600,000,000260.21%610,948−6.8%280.64%584,800−8.2%310.60%0.72———
2020———655,348−8%260.70%637,368−19.9%280.70%0.79———
20193,600,000,000260.22%712,086−5.4%280.71%796,042+7.2%260.79%1———
20183,600,000,000260.22%753,001−0.19%260.75%742,424+2.8%260.74%0.95182,300303,647−121,347
20173,600,000,000280.22%754,440+1.1%260.77%722,293+0.69%280.73%0.94199,140302,768−103,628
20163,600,000,000280.22%746,497+5%250.77%717,317+2.5%280.74%0.95212,697335,198−122,501
20153,800,000,000270.23%711,181+7.4%260.74%700,085−5%280.73%0.94183,271333,698−150,427
20144,000,000,000270.24%662,414+4.2%270.71%736,955+1.4%290.78%1.01210,149248,728−38,579
20134,000,000,000280.24%635,977−4.8%280.70%726,786+11.9%290.79%1.01182,812229,949−47,137
20124,000,000,000270.26%667,935+0.73%280.74%649,305−1.2%290.71%0.92219,981247,038−27,057
20114,000,000,000260.27%663,096−9.1%270.75%657,228+10.5%280.73%0.95193,746243,636−49,890
20104,000,000,000250.29%729,183+2.1%270.83%594,776−4.2%300.67%0.87183,920347,911−163,991
20094,000,000,000250.30%713,920−5.6%260.83%620,756+7.4%290.72%0.93185,842344,128−158,286
20084,000,000,000260.30%756,237+0.59%260.87%577,798−5%300.66%0.88184,571310,684−126,113
20073,000,000,000280.23%751,796+0.29%250.88%608,190+16.1%280.70%0.95193,352338,086−144,734
20063,000,000,000280.23%749,618−5.2%240.88%523,777+0.64%290.61%0.83164,597352,586−187,989
20053,000,000,000280.23%790,851−1.6%240.93%520,422−1.4%290.61%0.85164,264376,481−212,217
20043,000,000,000290.24%803,584+1.5%240.96%527,963+6.3%280.63%0.88162,682380,418−217,736
20033,000,000,000290.25%791,779−2.7%250.99%496,905−0.66%280.62%0.85162,015397,641−235,626
20023,000,000,000260.29%813,919+6.2%251.1%500,228+1.4%270.64%0.87144,879377,483−232,604
20013,900,000,000250.38%766,083+6.5%251.0%493,248+5.4%290.63%0.88181,838375,773−193,935
20003,900,000,000240.38%719,291−2.4%250.94%467,904+3.3%280.61%0.86147,627350,541−202,914
19993,900,000,000240.38%737,037−4.3%260.99%453,000+0.64%290.60%0.8542,560388,065−345,505
19983,900,000,000240.38%770,135+0.77%231.0%450,100−4%290.61%0.8641,186388,749−347,563
19974,000,000,000230.39%764,244+0.07%231.0%468,700+7.5%270.64%0.9226,590351,859−325,269
19964,300,000,000200.45%763,689−1.2%221.1%436,200+9.3%290.61%0.8829,567367,553−337,986
19954,300,000,000200.46%773,161+10.4%211.1%399,200+5.4%310.57%0.8226,902389,594−362,692
19944,300,000,000200.46%700,232+10.7%221.0%378,900+12.6%320.55%0.832,024390,879−358,855
19933,700,000,000210.39%632,436−6.8%210.95%336,500+11.4%330.50%0.7334,835434,784−399,949
19923,000,000,000220.32%678,675+1.6%191.0%302,000+6.9%360.45%0.6723,966458,248−434,282
19912,900,000,000220.29%667,795+5.1%171.0%282,600+6.7%310.42%0.6522,983468,823−445,840
19903,000,000,000220.30%635,151+6%220.96%264,900+20.8%320.40%0.6221,655445,721−424,066
19892,900,000,000220.32%599,000+8.5%210.91%219,300+8.4%400.33%0.5320,926446,383−425,457
19882,900,000,000210.33%552,000+7%220.86%202,300+2.5%410.31%0.5124,778415,423−390,645
19872,800,000,000210.40%516,014−1%220.83%197,300+2.8%420.31%0.5132,772380,865−348,093
19863,100,000,000210.44%521,288+13.6%220.85%191,900−1.1%430.31%0.5140,974382,216−341,242
19853,000,000,000210.43%458,890+1.2%230.78%194,000+0%410.32%0.5347,599362,300−314,701
19843,000,000,000200.45%453,396+23.9%220.76%194,000+1%400.32%0.5555,615356,800−301,185
19833,300,000,000200.50%366,000+19.2%230.63%192,000+6.7%410.33%0.5656,011300,481−244,470
19822,800,000,000190.42%307,000+15.8%240.53%180,000+9.1%420.30%0.5553,492252,965−199,473
19813,000,000,000180.46%265,000−6.7%240.44%165,000+3.1%420.27%0.5274,896214,278−139,382
19802,800,000,000190.44%284,000—210.44%160,000—440.25%0.5284,400239,991−155,591

See also

Sources