New Zealand Oil

45,355,000barrels
< 0.01%
of world reserves
at current production
19,035b/d+1.9% YoY
159,959b/d+0.45% YoY
Daily Deficit (2025)
−140,924b/d

Production covers 11.9% of consumption.

Consumption
Production
Deficit

Oil Reserves in New Zealand

  • New Zealand has proven oil reserves of 45,355,000 barrels (as reported in 2025) (#76 in the world), representing 0.0026% of the world's total.
  • As of 2025 production rates, New Zealand has roughly 16 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in New Zealand

  • New Zealand produced 19,035 barrels per day of oil and petroleum liquids in 2025 (#78 in the world), an increase of 1.9% from 18,675 barrels per day in 2024.
  • Of that, 7,914.7 barrels per day was crude oil in 2025.
  • And 4,038.9 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in New Zealand

  • New Zealand consumed 159,959 barrels per day of oil and petroleum products in 2025 (#62 in the world), an increase of 0.45% from 2024. This represents about 0.16% of the world's total oil consumption.
  • Per capita, oil consumption in New Zealand averaged 1.28 us gallons per day in 2025 (#49 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (41.2%), Motor Gasoline (31.1%), and Jet Fuel (19%).

(Historical) Oil Imports & Exports in New Zealand

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 New Zealand

  • In 2025, New Zealand produced approximately 19,035 barrels per day of oil and consumed 159,959 barrels per day , a deficit of 140,924 barrels per day.

New Zealand Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
202545,355,00076< 0.01%19,035+1.9%780.02%159,959+0.45%27—1.28———
202458,764,00076< 0.01%18,675−5%780.02%159,238−0.04%620.15%1.28———
202342,665,00078< 0.01%19,662+8.6%740.02%159,304+5.7%620.16%1.29———
202241,680,00078< 0.01%18,106−8.2%770.02%150,732+2.7%630.15%1.23———
202140,993,00077< 0.01%19,718+1.8%770.02%146,723−2.5%620.15%1.21———
2020———19,363−12.6%760.02%150,415−16.8%630.16%1.2578,70717,92460,783
201948,538,00076< 0.01%22,153−13.8%760.02%180,693+0.97%610.18%1.52106,10221,60284,500
201858,708,00076< 0.01%25,690−3.8%710.03%178,953+1.3%610.18%1.5399,90921,60578,304
201756,900,00076< 0.01%26,696−41.5%700.03%176,641+4.9%620.18%1.54105,30027,03778,263
201664,100,00075< 0.01%45,647−15.3%630.05%168,369+4.7%620.17%1.5106,44230,34876,094
201567,200,00075< 0.01%53,891+5.3%620.06%160,759+2.9%620.17%1.46103,42234,75068,672
201478,400,00073< 0.01%51,167+8.1%640.05%156,214+1.1%630.17%1.45100,13133,90266,229
201381,400,00072< 0.01%47,320−9.8%660.05%154,512+1.8%630.17%1.46104,43229,56174,871
201296,100,000690.01%52,438−8.7%640.06%151,768−0.61%630.17%1.44106,18035,50170,679
2011112,500,000660.01%57,422−11%620.06%152,704+0.27%630.17%1.46103,68541,11062,575
201060,000,00073< 0.01%64,490+6.4%580.07%152,299+0.85%630.17%1.4798,96047,28951,671
200960,000,00073< 0.01%60,601−7%590.07%151,014−4.2%670.18%1.4791,71145,93645,775
200855,000,00073< 0.01%65,155+35.6%590.07%157,587+1.2%660.18%1.5594,78351,20743,576
200753,000,00074< 0.01%48,033+82.4%620.06%155,740+0.91%640.18%1.5589,18732,46856,719
200653,000,00074< 0.01%26,330−2.6%690.03%154,342+1%640.18%1.5592,70013,62979,071
200551,480,00073< 0.01%27,045−7.9%680.03%152,762+1.7%640.18%1.5590,62112,55978,062
200454,500,00073< 0.01%29,359−9.4%670.04%150,273+3.1%640.18%1.5589,02414,53974,485
2003189,700,000570.02%32,399−21.4%640.04%145,742+3.8%640.18%1.5296,77918,13278,647
200289,533,000680.01%41,234−6.2%610.05%140,384+4.1%650.18%1.4991,18622,07069,116
2001127,000,000630.01%43,939−7%600.06%134,882+0.79%660.17%1.4685,20925,60359,606
2000127,000,000620.01%47,254−10.3%590.06%133,822+2.1%670.17%1.4690,25224,50665,746
1999127,000,000630.01%52,697−7.6%580.07%131,047+1.3%650.17%1.4388,54128,45060,091
1998100,000,000660.01%57,005−17.7%560.08%129,372+0.62%660.18%1.4390,11631,07559,041
1997100,000,000650.01%69,262+25.2%550.09%128,575+2.8%650.18%1.4375,11333,80141,312
1996100,000,000610.01%55,305+11.1%570.08%125,087−0.22%640.17%1.4173,82124,66749,154
1995100,000,000600.01%49,784−33.2%570.07%125,359+4.4%640.18%1.4375,45719,30356,154
1994200,000,000520.02%74,485−1.3%550.11%120,132+9.3%640.18%1.3978,32422,71655,608
1993200,000,000520.02%75,449+30.2%530.11%109,904+0.42%650.16%1.2970,38921,10049,289
1992200,000,000500.02%57,937+0.99%540.09%109,448+5.2%640.16%1.362,64517,86144,784
1991200,000,000470.02%57,367−1.3%490.09%104,047−2.5%570.16%1.2663,72519,88943,836
1990100,000,000500.01%58,126+3.3%460.09%106,699+7.7%550.16%1.3263,64417,76945,875
1989200,000,000450.02%56,249+7%440.09%99,099+4.9%570.15%1.2560,9998,78352,216
1988200,000,000450.02%52,574+19.8%460.08%94,440+4.7%570.15%1.249,7176,36343,354
1987200,000,000440.03%43,901−4.9%460.07%90,184+8.2%580.14%1.1546,2392,01944,220
1986200,000,000450.03%46,184+48.1%450.08%83,381+1.8%590.13%1.0721,4443,69517,749
1985200,000,000450.03%31,186+55.9%500.05%81,896−3.2%590.14%1.0517,6686,11811,550
1984200,000,000450.03%20,000+11.1%560.03%84,642+3.2%570.14%1.0931,353031,353
1983200,000,000440.03%18,000+5.9%550.03%82,000+0%590.14%1.0730,368030,368
1982200,000,000430.03%17,000+41.7%530.03%82,000−3.5%590.14%1.0830,066030,066
1981200,000,000430.03%12,000+33.3%520.02%85,000−7%590.14%1.1337,537037,537
1980100,000,000460.02%9,000—540.01%91,370—560.14%1.2240,052040,052

See also

Sources