THE NEW GEOPOLITICS IN THE MIDDLE EAST

THE U.S. AND CHINA'S COMMON INTERESTS IN A REGIONAL PEACE

Data Source: BP

Natural Gas World Trade

EIA forecast for U.S. Energy

U.S. crude oil productionMillions barrels per day

U.S. dry natural gas productionTrillion cubic fit

The change in oil demand:from West to East

Middle East oil export by destinationSource: IEA WOA 2012

ChinaForecast for oil demand growth

Change in oil demand Source: IEA WOA 2013

China's growing transportation

sectorSource: Argonne National

Library

Data Source: IEA, EIA, BP and various sources

Middle East Oil and Gas Transportation

MENA’s share of China and U.S. oil imports of total consumption (MB/D)

11.8%of 18.6

2.93 2.2

28.4%of 10.3

U.S. and China on MENA

"…You could not make plans in the Middle East or involving Middle East crises, without keeping in mind the considerations of the oil market … but that is now changing substantially … narrowing the gap between supply and demand in North America, that is now of huge strategic consequences“Henry KissingerOctober 16, 2013

"Maintaining peace and stability in the Middle East is also a common interest of both countries. There is a great deal both countries can achieve through cooperation, which will help bring about the balanced development of the world economy and global geopolitical stability“Wu Sike, China's special envoy to the Middle East February 12, 2013

The Institute for Structural Reforms

The new geopolitics in the Middle East

www.reformsintitute.org03.6935126

asaf@ref-inst.org