Oil and Gas Market Update for covering entire month of September 2013

• Iran drives regional steel production growth in August ‐ Middle East and Africa output up 3.9 per
  cent as Iranian production expands 13.2 per cent.
• UK asks for Iran sanctions exemption to restart North Sea field ‐ Brussels and Washington
  considering allowing BP‐Iran joint venture to restart operations at Rhum field.
• Iran agrees refinery revamp deal with Chinese and Korean groups ‐ Sinopec will lead the $1.5bn
  expansion of the Esfahan oil refinery in central Iran, reports local media.
• ran to export gas to Oman ‐ Countries reach understanding on gas exports.