Al-Marsad newspaper – agencies: The UAE Energy Minister, Suhail Al-Mazrouei, said that the UAE is committed to the OPEC + agreement and its current monthly production adjustment mechanism.
“The UAE believes in the value that the OPEC + group provides to the oil markets,” the minister added on his Twitter account.
The Emirati ambassador to Washington, Yousef Al-Otaiba, had affirmed that the UAE has been a reliable and responsible supplier of energy to global markets for more than five decades, pointing to the importance of stability in energy markets for the global economy.
In a statement published by the UAE embassy in Washington on its Twitter account, Al Otaiba said: “The UAE has been a reliable and responsible energy supplier to global markets for more than 50 years and believes that stability in energy markets is critical to the global economy.”
The statement added: “We prefer to increase production and will encourage OPEC to consider higher production levels.”
The first comment from the UAE Minister of Energy regarding the demand to increase oil production to reduce prices
Al-Marsad newspaper – agencies: The UAE Energy Minister, Suhail Al-Mazrouei, said that the UAE is committed to the OPEC + agreement and its current monthly production adjustment mechanism.
“The UAE believes in the value that the OPEC + group provides to the oil markets,” the minister added on his Twitter account.
The Emirati ambassador to Washington, Yousef Al-Otaiba, had affirmed that the UAE has been a reliable and responsible supplier of energy to global markets for more than five decades, pointing to the importance of stability in energy markets for the global economy.
In a statement published by the UAE embassy in Washington on its Twitter account, Al Otaiba said: “The UAE has been a reliable and responsible energy supplier to global markets for more than 50 years and believes that stability in energy markets is critical to the global economy.”
The statement added: “We prefer to increase production and will encourage OPEC to consider higher production levels.”
Share this:
Leave a Replay
Recent Posts
Celtics Aim for Fifth Straight Win Against Timberwolves in Boston Showdown
Read More »Real Madrid Dominates Leganes 3-0: Mbappé Shines as La Liga Title Race Heats Up
Read More »Mbappé Shines as Real Madrid Closes Gap on Barcelona with 3-0 Victory
Read More »Table of Contents
Tags