Story: Oil and gas

Primary energy supply, 2003

Primary energy supply, 2003

Oil makes up nearly half of New Zealand’s fuel energy supply. Almost all of this is imported, with New Zealand-sourced oil contributing only 2%. As the giant Māui gas field was nearing exhaustion in the early 2000s, the proportion of gas in the fuel energy supply was steadily decreasing. The country is becoming increasingly dependent on imported fuel, heightening the need to find new sources of domestic oil and gas.

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Source: Ministry for Economic Development

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How to cite this page:

Roger Gregg and Carl Walrond, 'Oil and gas - The need for oil and gas', Te Ara - the Encyclopedia of New Zealand, (accessed 17 July 2024)

Story by Roger Gregg and Carl Walrond, published 12 Jun 2006