The reds have been handed a draw that will see manager Jurgen Klopp return to his native Germany.
Early hopes of a trip to Dortmund were dashed when Klopp's former side were handed a tie against FC Porto.
The second leg will be at Anfield, and matchdates are currently undecided but will be the 1st leg will be played towards the end of February 2016.
Full draw of Round of 32
Valencia v Rapid Vienna
Fiorentina v Spurs
Dortmund v Porto
Fenerbahce vs Lokomotiv Moscow
Anderlecht v Olympiacos
FC Midtjylland v Man Utd
Augsburg v Liverpool
Sparta Prague vs FC Krasnodar
Galatasaray vs Lazio
FC Sion vs SC Braga
Shakhtar Donetsk vs Schalke
Marseille vs Athletic Bilbao
Sevilla vs Molde
Sporting vs Leverkusen
Villarreal v Napoli
St Etienne v FC Basel
Thank you very much, Alexander #Frei! 🙂 #UELDraw #UEL #KeineSau #FCALFC #LFCFCA @LFC pic.twitter.com/BB2VywIt9r
— FC Augsburg (@FCAugsburg) 14 December 2015