Petroleum reserves data
This page contains data on New Zealand's oil, natural gas, and LPG reserves. It has been compiled using annual summary reports submitted by permit holders.
This page contains data on New Zealand's oil, natural gas, and LPG reserves. It has been compiled using annual summary reports submitted by permit holders.
MBIE is actively assessing the fuel security situation for New Zealand following the continuing events in the Middle East.
We’re responsible for advising the Government on energy efficiency and renewable energy policy for New Zealand. The Energy Efficiency and Conservation Authority (EECA) is responsible for implementing programmes to improve the energy efficiency and increase the use of renewable energy by New Zealand homes and business.
The Māori and Public Housing Renewable Energy Fund was set up in 2020 to trial renewable energy solutions that aimed to improve energy affordability, and help create warm, healthy and energy efficient homes.
Learn more about the fitness-for-purpose assessment and ratings.
Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago, says Amapola Generosa, Domains Manager, MBIE.
There are sufficient levels of fuel in New Zealand, and on the way. However, it is important we plan and prepare for the unlikely event of a prolonged global fuel shortage.
MBIE is publishing its briefings provided to Ministers as part of the response on fuel security.
New requirements for electric vehicle (EV) chargers supplied in New Zealand will help increase the uptake of smart EV charging across the country and reduce pressure on the electricity grid.
The gas market is governed by regulations and rules jointly developed by the Gas Industry Company and the government.
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