HomeEnergy & SustainabilityUAE, OPEC+ keen on supplying world with oil it needs
By Economy Middle East
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October 31, 2022 1:57 pm

UAE, OPEC+ keen on supplying world with oil it needs

"OPEC+ will continue to to work on balancing supply, demand"
OPEC+
UAE Energy Minister Suhail Al Mazrouei (Image credit: WAM)

On Monday, Suhail Al Mazrouei, UAE Energy Minister, stated that his country and OPEC+ are eager to respond to any demand from the oil markets.

This came during Al Mazrouei’s participation in a discussion session at the ADIPEC Energy Conference that kicked off today in Abu Dhabi.

“We, the UAE and the OPEC+ countries are eager to meet the world’s demands, but we are not the only producers in the world… We have a mechanism to meet if the need arises. OPEC+ will continue to be a reliable technical organization that works better at balancing supply and demand,” he said.

With the participation of 28 international pavilions, ADIPEC 2022 is the world’s largest and most comprehensive energy forum, confirming its leadership role in stimulating dialogue on supporting efforts to transform the climate-friendly and growth-enhancing energy sector.