2013 proved a tumultuous year for Northern Africa. Political instability reduced production in all countries most notably oil production in Libya. Unsurprisingly investment in the region was down 15% on 2012 levels. Egypt yielded the biggest discovery with the Salamat gas condensate field which could be up to 10 tcf. Sinopec s acquisition of a 33% stake in Apache Egypt for US$2.95 billion was the biggest deal in the region for many years.