UAE's OPEC exit is a strategic decision, not politically motivated, according to Energy Minister Suhail Al Mazrouei.
UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei
| Photo Credit:
Amr Alfiky
The United Arab Emirates'
decision to withdraw from OPEC and OPEC+ was a sovereign and
UAE asserts OPEC exit was sovereign strategic decision, not political move
UAE dismisses speculation over its exit from OPEC and OPEC+
UAE says only economics, not politics, affected decision to leave OPEC
UAE says its decision to leave OPEC was a strategic economic move, not a political one
U.A.E.’s Exit Does Not Mean The End Of OPEC
The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC's…
UAE’s exit from OPEC and OPEC+ is a sovereign move driven by national interests, long-term economic vision and expanding energy…
The United Arab Emirates left OPEC because its oil production capacity was limited to over 3 million barrels per day.
The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.
The UAE says it is leaving the Opec and Opec+ groups of major oil producing nations.
Gulf state to leave petroleum cartel from 1 May following regional energy shocks
