Regional report: MENA ///

The impact of unrest in the Middle East and North Africa (MENA) continues to cloud the region with uncertainty. Overall, during 2013, the Middle East produced 32.2% of oil and 16.8% of gas globally, equal to a 7.0% decrease and 4.5% increase, respectively. North Africa produced 3.7% of oil and 4.4% of gas globally, an annual decrease of 13.2% and 5.1%, respectively (BP Statistical Review 2014).