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This section contains data on New Zealand’s energy prices, consumption and production compared to major OECD trading partners for which information is available.
Data is sourced from the International Energy Agency (IEA). Care is needed in interpreting the data, as product specifications, statistical methodologies and information available differs considerably among countries.
New Zealand liquid fuel prices are at the lower end of the OECD range, due to the relatively low taxes. Residential natural gas prices are currently higher than the average OECD price, although these should be treated as indicative only as tariffs for residential gas in New Zealand generally include high fixed charges.
Industrial natural gas prices and industrial and residential electricity prices are generally below the OECD average.
New Zealand is around the middle of the group on capita electricity, oil and natural gas consumption.
New Zealand is a very minor player in global energy production. In recent years New Zealand has produced enough oil to meet around half of its consumption, with most of this being exported.