Russia will ‘always’ be a part of OPEC+, UAE energy minister says


The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun the oil exporter over its war in Ukraine.

Speaking to CNBC on Monday, Suhail Al Mazrouei, a former president of the oil alliance, said no other country could match Russia’s energy output and argued politics should not distract from the group’s efforts to manage energy markets.

“Always, Russia is going to be part of that group and we need to respect them,” he told Hadley Gamble at the Atlantic Council’s sixth annual Global Energy Forum in Dubai.

“OPEC+, when they speak to us, they need to speak to us including Russia,” he said,…


0 0 votes
Article Rating

El-Erian warns of ‘cost-of-living crisis,’ says Fed rate hikes could cause recession

Previous article

Getting a divorce? Here’s how to tackle those money issues

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Energy