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The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces petroleum products and natural gas. In 2018, New Zealand's self-sufficiency in oil (mmbls production divided by consumption) was 17%, i.e. the country imports its petroleum product needs. All local oil production is exported as the New Zealand refinery is not suited to processing it. In 2018, 60 petajoules of crude were produced in New Zealand, 380 PJ of petroleum products imported (most of it crude), and 283 PJ consumed. The difference is exported or used for international travel (aviation fuel and similar).

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  • Oil and gas industry in New Zealand
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  • The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces petroleum products and natural gas. In 2018, New Zealand's self-sufficiency in oil (mmbls production divided by consumption) was 17%, i.e. the country imports its petroleum product needs. All local oil production is exported as the New Zealand refinery is not suited to processing it. In 2018, 60 petajoules of crude were produced in New Zealand, 380 PJ of petroleum products imported (most of it crude), and 283 PJ consumed. The difference is exported or used for international travel (aviation fuel and similar).
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  • The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces petroleum products and natural gas. In 2018, New Zealand's self-sufficiency in oil (mmbls production divided by consumption) was 17%, i.e. the country imports its petroleum product needs. All local oil production is exported as the New Zealand refinery is not suited to processing it. In 2018, 60 petajoules of crude were produced in New Zealand, 380 PJ of petroleum products imported (most of it crude), and 283 PJ consumed. The difference is exported or used for international travel (aviation fuel and similar). Oil and gas are produced from 21 petroleum licenses / permits, all in the Taranaki basin. The most important fields are Kapuni, Maui, Pohokura and Kupe. Exploration for oil and gas reserves includes the Great South Basin and offshore areas near Canterbury and Gisborne. New Zealand has one oil refinery, the Marsden Point Oil Refinery. The major industry body is the Petroleum Exploration and Production Association of New Zealand. There are 2,600 kilometres of high-pressure natural gas transmission pipelines in the North Island. Most of these are owned and operated by First Gas, including the Maui pipeline, a 307 km pipeline that carries 78% of all natural gas produced in New Zealand. The low-pressure gas pipelines that distribute gas to end users are owned by First Gas (Northland, Waikato, Bay of Plenty, Gisborne, Kapiti Coast), Vector (Auckland), Powerco (Hawke's Bay, Taranaki, Manawatu, Wellington) and GasNet (Wanganui). The largest retailers of gas are Contact Energy and Vector. There is no natural gas transmission in the South Island. New Zealand has one underground gas storage facility, the Ahuroa Gas Storage Facility.
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