UAE energy Minister: cooperation within OPEC+ will continue


December 5, Fineko/ United Arab Emirates will maintain cooperation within OPEC+.

This was stated by the Minister of energy of the United Arab Emirates Suhail al-Mazrui, commenting on the upcoming OPEC meeting.

"I think that everyone is convinced that we will continue to work together, that the Declaration on cooperation will continue. We have not met with the Minister or any representative from Russia. I'm optimistic though. It's not the first time we've met to make a decision. It is not easy, but we will always work together with our colleagues", — concluded al-Mazrui.

In Vienna today will be held a meeting of the Ministerial monitoring Committee OPEC+, which should make a recommendation for the countries-participants of the transaction on whether it is necessary to reduce oil production in order to balance the market. On December 6, this recommendation will be discussed at the OPEC conference, and then, on December 7, all OPEC+countries.