Australia can soon become fully dependent on oil imports for transport fuel 10 years from now, the Australian Petroleum Production & Exploration Association (APPEA) warned on Friday.

Country has increased its reliance on oil imports, with imports now accounting for 85 percent of refinery input. In addition, 45 percent of refined products consumption is being met by imports.

Domestic crude oil, condensate and naturally occurring LPG output dropped by 6 percent in 2014-2015, as new supply was unable to offset declining production at aging fields.

Oil was still the single biggest primary energy source for Australia, at 38 percent in 2014–2015, followed by coal and natural gas.

Good life certainly coming to Australia soon.