Country report

Australia oil supply summary

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Report summary

Liquids output averaged 460,000 b/d in 2014. A maturing field base, technical outages and weather related disruption has seen output decline in recent years, but this is expected to be reversed from 2017 due to growth of condensate and LPG associated with a number of high profile LNG projects that are forecast to start-up in the near term. Total liquids supply is forecast to increase to 560,000 b/d in 2020 and 590,000 b/d in 2025.

What's included

This report contains

  • Document

    Australia oil supply summary

    PDF 1.10 MB

Table of contents

Tables and charts

This report includes 9 images and tables including:


  • Oil/NGL production outlook and world ranking
  • Risks to supply
  • Overall Oil/NGL production outlook to 2035
  • Key crude streams and characteristics in 2015
  • Crude quality distribution
  • Supply: Image 3


  • Key other discoveries
  • Main crude streams
  • Supply: Table 1

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