New Zealand Oil

Oil Reserves in New Zealand (2025)

See also: List of countries by Oil Reserves

New Zealand holds 45,355,000 barrels of proven oil reserves as of 2025, ranking #77 in the world and accounting for about 0.0026% of the world's total oil reserves of 1,765,151,568,000.

New Zealand has proven reserves equivalent to 0.8 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 1 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in New Zealand

Oil Consumption in New Zealand (2024)

See also: List of countries by Oil Consumption

• New Zealand consumes 159,238 barrels per day (B/d) of oil as of the year 2024.
• New Zealand ranks #62 in the world for oil consumption, accounting for about 0.16% of the world's total consumption of 102,559,503 barrels per day.
• New Zealand consumes 1.28 gallons of oil per capita every day (based on the 2024 population of 5,213,944 people), or 468 gallons per capita per year (11 barrels). [1 barrel = 42 US Gallons]

Oil Production in New Zealand (2024)

See also: List of countries by Oil Production

• New Zealand produces 18,675 barrels per day of oil (as of 2024) ranking #78 in the world.
• At 2024 production levels, New Zealand produces every year about 15.03% of its proven reserves ( 2025).

Oil Imports (2020)

• In 2020, New Zealand imported 40% of its oil consumption (60,783 barrels per day out of 150,448 consumed).

History of Oil Consumption and Production