New Zealand Oil

Summary Table

  Barrels Global Rank
64,100,000 75th in the world

  Barrels per Day Global Rank
43,907 66th in the world
166,913 60th in the world
Daily Deficit
-123,006  
Oil Imports
108,214  
Oil Exports
31,474  
76,740  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in New Zealand

See also: List of countries by Oil Reserves

New Zealand holds 64,100,000 barrels of proven oil reserves as of 2016, ranking 75th in the world and accounting for about 0.0% of the world's total oil reserves of 1,650,585,140,000 barrels.

New Zealand has proven reserves equivalent to 1.1 times its annual consumption. This means that, without imports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
64,100,000 barrels
Global Rank: 75th | Share of World: 0.00 %
1 years of oil left
(at current consumption levels)

History of Oil Reserves in New Zealand

Oil Consumption in New Zealand

See also: List of countries by Oil Consumption

  • New Zealand consumes 166,913 barrels per day (B/d) of oil as of the year 2016.
  • New Zealand ranks 60th in the world for oil consumption, accounting for about 0.2% of the world's total consumption of 97,103,871 barrels per day.
  • New Zealand consumes 1.50 gallons of oil per capita every day (based on the 2016 population of 4,659,265 people), or 549 gallons per capita per year (13 barrels). [1 barrel = 42 US Gallons]

Oil Production in New Zealand

See also: List of countries by Oil Production

  • New Zealand produces 43,906.78 barrels per day of oil (as of 2016) ranking 66th in the world.
  • New Zealand produces every year an amount equivalent to 25.0% of its total proven reserves (as of 2016).

Oil Imports

  • New Zealand imports 46% of its oil consumption (76,740 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources