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

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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,…



Source cnbc.com

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