Peru Oil
Production (2025)#43 World
123,302b/d−1.1% YoY
Consumption (2024)#48 World
264,380b/d−0.07% YoY
Daily Deficit (2024)
−139,752b/d
Production covers 47.1% of consumption.
Consumption
Production
Deficit
Oil Reserves in Peru
- Peru has proven oil reserves of 671,214,000 barrels (as reported in 2025) (#42 in the world), representing 0.04% of the world's total.
- As of 2025 production rates, Peru has roughly 42 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Peru
- Peru produced 123,302 barrels per day of oil and petroleum liquids in 2025 (#43 in the world), a decrease of 1.1% from 124,629 barrels per day in 2024.
- Of that, 44,153 barrels per day was crude oil in 2025.
- And 73,326 barrels per day was natural gas plant liquids (NGPL) in 2025.
Peru has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Peru
- Peru consumed 264,380 barrels per day of oil and petroleum products in 2024 (#48 in the world), a decrease of 0.07% from 2023. This represents 0.26% of the world's total oil consumption.
- Per capita, oil consumption in Peru averaged 0.32 us gallons per day in 2024 (#134 in the world).
- The largest refined-product categories were Distillate Fuel Oil (41.5%), Liquefied Petroleum Gases (27.2%), and Motor Gasoline (19.3%).
(Historical) Oil Imports & Exports in Peru
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 Peru
- In 2024, Peru produced approximately 124,629 barrels per day of oil and consumed 264,380 barrels per day , a deficit of 139,752 barrels per day.
Peru Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 671,214,000 | 42 | 0.04% | 123,302 | −1.1% | 43 | 0.12% | — | — | — | — | — | — | — | — |
| 2024 | 671,214,000 | 42 | 0.04% | 124,629 | +3% | 41 | 0.12% | 264,380 | −0.07% | 48 | 0.26% | 0.32 | — | — | — |
| 2023 | 859,000,000 | 42 | 0.05% | 120,981 | −1.7% | 43 | 0.12% | 264,558 | +2.4% | 48 | 0.26% | 0.33 | — | — | — |
| 2022 | 841,915,000 | 42 | 0.05% | 123,012 | −1.9% | 43 | 0.12% | 258,282 | +4.5% | 47 | 0.26% | 0.32 | — | — | — |
| 2021 | 858,890,000 | 41 | 0.05% | 125,355 | −3.7% | 42 | 0.13% | 247,072 | +24.6% | 47 | 0.25% | 0.31 | — | — | — |
| 2020 | — | — | — | 130,225 | −10.5% | 42 | 0.14% | 198,364 | −21.1% | 53 | 0.22% | 0.25 | — | — | — |
| 2019 | 1,224,625,000 | 39 | 0.07% | 145,475 | +4% | 41 | 0.14% | 251,338 | +3.4% | 49 | 0.25% | 0.33 | — | — | — |
| 2018 | 1,224,625,000 | 39 | 0.07% | 139,888 | −0.44% | 42 | 0.14% | 242,989 | −1.7% | 49 | 0.24% | 0.32 | 112,940 | 6,514 | 106,426 |
| 2017 | 473,000,000 | 47 | 0.03% | 140,506 | −0.51% | 42 | 0.14% | 247,079 | +0.44% | 48 | 0.25% | 0.33 | 125,640 | 1,583 | 124,057 |
| 2016 | 682,681,000 | 42 | 0.04% | 141,225 | −8.7% | 42 | 0.15% | 246,000 | +5.1% | 50 | 0.25% | 0.33 | 105,431 | 2,327 | 103,104 |
| 2015 | 741,219,000 | 41 | 0.04% | 154,681 | −13.3% | 41 | 0.16% | 234,000 | +4.5% | 50 | 0.24% | 0.32 | 87,357 | 7,999 | 79,358 |
| 2014 | 632,906,000 | 44 | 0.04% | 178,442 | +2.8% | 39 | 0.19% | 223,983 | −2% | 54 | 0.24% | 0.31 | 84,921 | 15,571 | 69,350 |
| 2013 | 579,200,000 | 47 | 0.04% | 173,557 | +9.2% | 43 | 0.19% | 228,570 | +1.1% | 53 | 0.25% | 0.32 | 86,423 | 14,739 | 71,684 |
| 2012 | 582,030,000 | 47 | 0.04% | 158,978 | +0.55% | 44 | 0.18% | 226,058 | +4.8% | 55 | 0.25% | 0.32 | 92,371 | 15,673 | 76,698 |
| 2011 | 532,660,000 | 47 | 0.04% | 158,108 | −0.94% | 45 | 0.18% | 215,760 | +5.8% | 54 | 0.24% | 0.31 | 95,762 | 16,343 | 79,419 |
| 2010 | 447,382,000 | 46 | 0.03% | 159,603 | +7.4% | 46 | 0.18% | 203,931 | +3.5% | 56 | 0.23% | 0.29 | 96,878 | 19,002 | 77,876 |
| 2009 | 415,769,000 | 48 | 0.03% | 148,543 | +22% | 45 | 0.17% | 197,108 | +3.7% | 57 | 0.23% | 0.29 | 101,365 | 19,164 | 82,201 |
| 2008 | 382,866,000 | 50 | 0.03% | 121,741 | +2.6% | 50 | 0.14% | 190,103 | +17.9% | 58 | 0.22% | 0.28 | 98,989 | 18,129 | 80,860 |
| 2007 | 929,600,000 | 40 | 0.07% | 118,627 | −4.4% | 51 | 0.14% | 161,187 | −3.7% | 62 | 0.18% | 0.24 | 112,267 | 27,508 | 84,759 |
| 2006 | 929,600,000 | 40 | 0.07% | 124,045 | +5.9% | 50 | 0.15% | 167,423 | −0.2% | 62 | 0.20% | 0.25 | 103,090 | 23,956 | 79,134 |
| 2005 | 952,800,000 | 39 | 0.07% | 117,168 | +18.6% | 51 | 0.14% | 167,755 | −1.3% | 61 | 0.20% | 0.25 | 97,629 | 12,952 | 84,677 |
| 2004 | 285,300,000 | 54 | 0.02% | 98,774 | −1% | 51 | 0.12% | 169,921 | +11.3% | 61 | 0.20% | 0.26 | 84,515 | 16,728 | 67,787 |
| 2003 | 323,393,000 | 51 | 0.03% | 99,811 | +2.3% | 51 | 0.12% | 152,637 | −1.3% | 63 | 0.19% | 0.23 | 84,860 | 29,011 | 55,849 |
| 2002 | 323,393,000 | 51 | 0.03% | 97,586 | −3.4% | 51 | 0.13% | 154,579 | −0.29% | 61 | 0.20% | 0.24 | 75,156 | 21,519 | 53,637 |
| 2001 | 310,000,000 | 50 | 0.03% | 101,064 | −2.9% | 51 | 0.13% | 155,023 | −6.6% | 59 | 0.20% | 0.24 | 75,440 | 18,779 | 56,661 |
| 2000 | 355,000,000 | 47 | 0.03% | 104,084 | −6.3% | 51 | 0.14% | 166,049 | −0.75% | 57 | 0.22% | 0.26 | 62,285 | 13,663 | 48,622 |
| 1999 | 323,521,000 | 48 | 0.03% | 111,141 | −5.7% | 48 | 0.15% | 167,300 | +5.4% | 55 | 0.22% | 0.27 | 59,097 | 29,132 | 29,965 |
| 1998 | 800,000,000 | 38 | 0.08% | 117,852 | −1.1% | 48 | 0.16% | 158,700 | +1.1% | 58 | 0.21% | 0.26 | 96,086 | 42,998 | 53,088 |
| 1997 | 800,000,000 | 38 | 0.08% | 119,153 | −1.4% | 46 | 0.16% | 157,000 | +1.7% | 58 | 0.21% | 0.26 | 81,124 | 45,617 | 35,507 |
| 1996 | 800,000,000 | 35 | 0.08% | 120,866 | −0.93% | 46 | 0.17% | 154,400 | +8.7% | 58 | 0.21% | 0.26 | 57,067 | 37,355 | 19,712 |
| 1995 | 800,000,000 | 34 | 0.08% | 121,996 | −3% | 45 | 0.17% | 142,100 | +8.1% | 61 | 0.20% | 0.25 | 48,581 | 28,117 | 20,464 |
| 1994 | 400,000,000 | 42 | 0.04% | 125,710 | +0.34% | 45 | 0.18% | 131,500 | +4.7% | 62 | 0.19% | 0.23 | 21,966 | 0 | 21,966 |
| 1993 | 400,000,000 | 43 | 0.04% | 125,290 | +6.2% | 43 | 0.19% | 125,600 | +5.3% | 62 | 0.19% | 0.23 | 23,610 | 0 | 23,610 |
| 1992 | 400,000,000 | 42 | 0.04% | 118,022 | +0.46% | 40 | 0.18% | 119,300 | +5.4% | 62 | 0.18% | 0.22 | 29,457 | 853 | 28,604 |
| 1991 | 400,000,000 | 42 | 0.04% | 117,482 | −10.2% | 37 | 0.18% | 113,200 | −7.1% | 55 | 0.17% | 0.21 | 34,451 | 1,035 | 33,416 |
| 1990 | 400,000,000 | 39 | 0.04% | 130,899 | +4.9% | 36 | 0.20% | 121,800 | +0.41% | 53 | 0.18% | 0.23 | 17,886 | 2,984 | 14,902 |
| 1989 | 500,000,000 | 36 | 0.06% | 124,808 | −15.3% | 36 | 0.19% | 121,300 | −14% | 54 | 0.18% | 0.24 | 19,124 | 995 | 18,129 |
| 1988 | 500,000,000 | 37 | 0.06% | 147,328 | −11.1% | 35 | 0.23% | 141,000 | +2% | 51 | 0.22% | 0.28 | 24,423 | 5,075 | 19,348 |
| 1987 | 500,000,000 | 36 | 0.07% | 165,671 | −9.5% | 30 | 0.27% | 138,300 | +1.8% | 50 | 0.22% | 0.28 | 5,644 | 3,106 | 2,538 |
| 1986 | 600,000,000 | 35 | 0.09% | 183,000 | −5.7% | 29 | 0.30% | 135,800 | +8.6% | 50 | 0.22% | 0.28 | 0 | 13,297 | −13,297 |
| 1985 | 700,000,000 | 32 | 0.10% | 194,000 | +1.6% | 28 | 0.33% | 125,000 | −1.6% | 51 | 0.21% | 0.27 | 0 | 25,620 | −25,620 |
| 1984 | 800,000,000 | 31 | 0.12% | 191,000 | +9.8% | 28 | 0.32% | 127,000 | +2.4% | 49 | 0.21% | 0.28 | 0 | 20,301 | −20,301 |
| 1983 | 800,000,000 | 32 | 0.12% | 174,000 | −13.4% | 29 | 0.30% | 124,000 | −8.8% | 51 | 0.21% | 0.28 | 0 | 22,961 | −22,961 |
| 1982 | 800,000,000 | 32 | 0.12% | 201,000 | +1% | 27 | 0.35% | 136,000 | −0.73% | 48 | 0.23% | 0.31 | 0 | 42,166 | −42,166 |
| 1981 | 700,000,000 | 32 | 0.11% | 199,000 | −0.5% | 28 | 0.33% | 137,000 | +3% | 47 | 0.22% | 0.32 | 0 | 42,146 | −42,146 |
| 1980 | 700,000,000 | 31 | 0.11% | 200,000 | — | 28 | 0.31% | 133,000 | — | 46 | 0.21% | 0.32 | 0 | 47,343 | −47,343 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal