Papua New Guinea Oil
Production (2025)#67 World
31,516b/d−2.5% YoY
Consumption (2024)#114 World
42,716b/d+2.8% YoY
Daily Deficit (2024)
−10,402b/d
Production covers 75.6% of consumption.
Consumption
Production
Deficit
Oil Reserves in Papua New Guinea
- Papua New Guinea has proven oil reserves of 143,387,000 barrels (as reported in 2025) (#64 in the world), representing 0.0081% of the world's total.
- As of 2025 production rates, Papua New Guinea has roughly 12 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Papua New Guinea
- Papua New Guinea produced 31,516 barrels per day of oil and petroleum liquids in 2025 (#67 in the world), a decrease of 2.5% from 32,313 barrels per day in 2024.
- Of that, 31,516 barrels per day was crude oil in 2025.
- And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.
Oil Consumption in Papua New Guinea
- Papua New Guinea consumed 42,716 barrels per day of oil and petroleum products in 2024 (#114 in the world), an increase of 2.8% from 2023. This represents 0.04% of the world's total oil consumption.
- Per capita, oil consumption in Papua New Guinea averaged 0.17 us gallons per day in 2024 (#158 in the world).
- The largest refined-product categories were Distillate Fuel Oil (55.7%), Residual Fuel Oil (25%), and Jet Fuel (7.9%).
(Historical) Oil Imports & Exports in Papua New Guinea
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 Papua New Guinea
- In 2024, Papua New Guinea produced approximately 32,313 barrels per day of oil and consumed 42,716 barrels per day , a deficit of 10,402 barrels per day.
Papua New Guinea Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 143,387,000 | 64 | 0.01% | 31,516 | −2.5% | 67 | 0.03% | — | — | — | — | — | — | — | — |
| 2024 | 143,387,000 | 64 | 0.01% | 32,313 | +0.54% | 66 | 0.03% | 42,716 | +2.8% | 114 | 0.04% | 0.17 | — | — | — |
| 2023 | 143,387,000 | 64 | 0.01% | 32,140 | −6.7% | 66 | 0.03% | 41,548 | +2.3% | 114 | 0.04% | 0.17 | — | — | — |
| 2022 | 143,387,000 | 64 | 0.01% | 34,444 | −7% | 66 | 0.03% | 40,599 | +3.3% | 113 | 0.04% | 0.17 | — | — | — |
| 2021 | 159,656,000 | 59 | 0.01% | 37,043 | −6% | 66 | 0.04% | 39,283 | −2.2% | 111 | 0.04% | 0.16 | — | — | — |
| 2020 | — | — | — | 39,421 | +11.3% | 64 | 0.04% | 40,178 | −3.6% | 110 | 0.04% | 0.17 | — | — | — |
| 2019 | 171,429,000 | 58 | 0.01% | 35,420 | −0.72% | 68 | 0.04% | 41,659 | −2.6% | 111 | 0.04% | 0.18 | — | — | — |
| 2018 | 183,826,000 | 57 | 0.01% | 35,679 | −29.3% | 67 | 0.04% | 42,752 | +13% | 111 | 0.04% | 0.19 | 27,358 | 60,319 | −32,961 |
| 2017 | 159,420,000 | 59 | 0.01% | 50,485 | −9.9% | 60 | 0.05% | 37,845 | −0.82% | 115 | 0.04% | 0.17 | 28,240 | 55,760 | −27,520 |
| 2016 | 180,249,000 | 57 | 0.01% | 56,054 | −2.6% | 61 | 0.06% | 38,158 | +9.2% | 114 | 0.04% | 0.18 | 27,283 | 60,255 | −32,972 |
| 2015 | 175,179,000 | 58 | 0.01% | 57,566 | +16.6% | 61 | 0.06% | 34,946 | +18.5% | 113 | 0.04% | 0.17 | 0 | 0 | 0 |
| 2014 | 185,934,000 | 58 | 0.01% | 49,387 | +61.7% | 65 | 0.05% | 29,482 | +7.7% | 119 | 0.03% | 0.15 | 0 | 0 | 0 |
| 2013 | 154,260,000 | 62 | 0.01% | 30,547 | +11.3% | 73 | 0.03% | 27,380 | +1.8% | 119 | 0.03% | 0.14 | 0 | 0 | 0 |
| 2012 | 182,000,000 | 60 | 0.01% | 27,444 | −6.3% | 73 | 0.03% | 26,893 | −5.6% | 118 | 0.03% | 0.14 | 0 | 0 | 0 |
| 2011 | 88,000,000 | 71 | 0.01% | 29,291 | −5.3% | 73 | 0.03% | 28,493 | +6% | 115 | 0.03% | 0.15 | 0 | 0 | 0 |
| 2010 | 88,000,000 | 68 | 0.01% | 30,935 | −22% | 71 | 0.04% | 26,872 | −13% | 116 | 0.03% | 0.15 | 0 | 0 | 0 |
| 2009 | 88,000,000 | 68 | 0.01% | 39,685 | −4.3% | 65 | 0.05% | 30,888 | +15.2% | 109 | 0.04% | 0.18 | 0 | 0 | 0 |
| 2008 | 88,000,000 | 68 | 0.01% | 41,458 | +7.2% | 64 | 0.05% | 26,815 | −13.6% | 118 | 0.03% | 0.16 | 0 | 0 | 0 |
| 2007 | 240,000,000 | 55 | 0.02% | 38,681 | −20.7% | 64 | 0.05% | 31,052 | +7.5% | 108 | 0.04% | 0.19 | 0 | 0 | 0 |
| 2006 | 240,000,000 | 56 | 0.02% | 48,752 | −9.2% | 62 | 0.06% | 28,892 | +1.2% | 108 | 0.03% | 0.18 | 0 | 0 | 0 |
| 2005 | 240,000,000 | 55 | 0.02% | 53,713 | +27.4% | 60 | 0.06% | 28,544 | −4.1% | 109 | 0.03% | 0.18 | 710 | 0 | 710 |
| 2004 | 240,000,000 | 55 | 0.02% | 42,178 | −13.6% | 62 | 0.05% | 29,774 | +16.1% | 106 | 0.04% | 0.2 | 1,014 | 0 | 1,014 |
| 2003 | 240,000,000 | 55 | 0.02% | 48,816 | +1.1% | 58 | 0.06% | 25,635 | +13.8% | 110 | 0.03% | 0.18 | 1,662 | 0 | 1,662 |
| 2002 | 238,345,000 | 55 | 0.02% | 48,293 | −19.5% | 58 | 0.06% | 22,535 | +6.3% | 115 | 0.03% | 0.16 | 2,048 | 0 | 2,048 |
| 2001 | 359,800,000 | 48 | 0.03% | 60,023 | −6.2% | 57 | 0.08% | 21,206 | +18.7% | 117 | 0.03% | 0.16 | 2,007 | 0 | 2,007 |
| 2000 | 333,000,000 | 48 | 0.03% | 64,023 | −27.6% | 56 | 0.08% | 17,859 | +19.9% | 120 | 0.02% | 0.14 | 2,169 | 0 | 2,169 |
| 1999 | 333,000,000 | 47 | 0.03% | 88,400 | +12% | 52 | 0.12% | 14,897 | +0.000056% | 128 | 0.02% | 0.12 | 2,048 | 0 | 2,048 |
| 1998 | 300,000,000 | 48 | 0.03% | 78,939 | −1.3% | 55 | 0.10% | 14,897 | −3.9% | 130 | 0.02% | 0.12 | 2,757 | 0 | 2,757 |
| 1997 | 300,000,000 | 48 | 0.03% | 80,005 | −24.8% | 54 | 0.11% | 15,497 | +2.7% | 125 | 0.02% | 0.13 | 2,818 | 0 | 2,818 |
| 1996 | 400,000,000 | 42 | 0.04% | 106,356 | +2.5% | 48 | 0.15% | 15,097 | −0.0017% | 124 | 0.02% | 0.13 | 3,163 | 0 | 3,163 |
| 1995 | 200,000,000 | 53 | 0.02% | 103,717 | −22.3% | 48 | 0.15% | 15,097 | +0.68% | 123 | 0.02% | 0.14 | 3,933 | 0 | 3,933 |
| 1994 | 300,000,000 | 45 | 0.03% | 133,504 | +5.8% | 44 | 0.19% | 14,995 | −2% | 122 | 0.02% | 0.14 | 4,785 | 0 | 4,785 |
| 1993 | 300,000,000 | 45 | 0.03% | 126,233 | +139.1% | 42 | 0.19% | 15,295 | +0.0017% | 124 | 0.02% | 0.15 | 4,339 | 0 | 4,339 |
| 1992 | 200,000,000 | 52 | 0.02% | 52,801 | +31493.8% | 57 | 0.08% | 15,295 | −0.65% | 122 | 0.02% | 0.15 | 5,778 | 0 | 5,778 |
| 1991 | 200,000,000 | 49 | 0.02% | 167.1 | — | 84 | < 0.01% | 15,395 | −1.3% | 99 | 0.02% | 0.16 | 5,819 | 0 | 5,819 |
| 1990 | 200,000,000 | 45 | 0.02% | 0 | — | — | — | 15,595 | +1.3% | 99 | 0.02% | 0.17 | 6,224 | 0 | 6,224 |
| 1989 | 200,000,000 | 47 | 0.02% | 0 | — | — | — | 15,395 | +2.7% | 101 | 0.02% | 0.17 | 6,447 | 0 | 6,447 |
| 1988 | 200,000,000 | 46 | 0.02% | 0 | — | — | — | 14,995 | −6.8% | 98 | 0.02% | 0.17 | 5,433 | 0 | 5,433 |
| 1987 | 65,000,000 | 53 | 0.01% | 0 | — | — | — | 16,095 | +11.8% | 95 | 0.03% | 0.19 | 5,575 | 0 | 5,575 |
| 1986 | 50,000,000 | 57 | 0.01% | 0 | — | — | — | 14,400 | +2.9% | 97 | 0.02% | 0.17 | 4,481 | 0 | 4,481 |
| 1985 | 50,000,000 | 57 | 0.01% | 0 | — | — | — | 14,000 | +0% | 98 | 0.02% | 0.17 | 2,960 | 0 | 2,960 |
| 1984 | — | — | — | 0 | — | — | — | 14,000 | +16.7% | 97 | 0.02% | 0.17 | 3,913 | 0 | 3,913 |
| 1983 | — | — | — | 0 | — | — | — | 12,000 | +0% | 105 | 0.02% | 0.15 | 3,913 | 0 | 3,913 |
| 1982 | — | — | — | 0 | — | — | — | 12,000 | +0% | 101 | 0.02% | 0.15 | 4,845 | 0 | 4,845 |
| 1981 | — | — | — | 0 | — | — | — | 12,000 | +0% | 102 | 0.02% | 0.16 | 3,812 | 0 | 3,812 |
| 1980 | — | — | — | 0 | — | — | — | 12,000 | — | 105 | 0.02% | 0.16 | 5,656 | 0 | 5,656 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal