UAE remains committed to OPEC + Alliance and support the growth of the mining of the group from August, but it should not depend on the extension of the overall term of the agreement. This was written on this on his official page on Twitter Emirate Minister of Energy Suchel Al-Mazrui.
“UAE remains fully committed to OPEC and OPEC +, and we maintain an increase in production from August. However, this should not depend on the extension of the current agreement,” Al-Mazrui said.
According to the official statement of the Ministry of Energy of the country, which refers to the Emirate news agency WAM, the UAE see the need for the market for further growth in OPEC + from August. However, it is noted that such an increase should not contain any conditions as it was in previous months.