The term MENA stands for “Middle East and North Africa.” It is an acronym often used in academic and business writing to cover an extensive region, extending from Morocco to Iran, including the majority of both the Middle Eastern and Maghreb countries.
The MENA region has vast reserves of petroleum and natural gas that make it a vital source of global economic stability. According to the Oil and Gas Journal (January 1, 2009), the MENA region has 60% of the world’s oil reserves (810.98 billion barrels) and 45% of the world’s natural gas reserves (2868.886 Trillion cubic feet). As of 2011, 8 of the 12 OPEC nations are within the MENA region.
Source: Wikipedia
