Proved reserves of crude oil reached 0.057 bil barrels in 2017 in New Zealand, according to EIA. This is 11.2% less than in the previous year.
Historically, proved reserves of crude oil in New Zealand reached an all time high of 0.209 bil barrels in 1991 and an all time low of 0.051 bil barrels in 2005.
New Zealand has been ranked 75th within the group of 96 countries we follow in terms of proved reserves of crude oil.
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