Suheil Al-Mazrouei: UAE’s Withdrawal from OPEC and OPEC+ Does Not Reflect Any Division with Partners

In his recent statements, His Excellency Suheil Al-Mazrouei, Minister of Energy and Infrastructure, highlighted the United Arab Emirates’ withdrawal from the OPEC and OPEC+ alliance, affirming that this decision reflects a national strategy concerning energy security and the stability of global markets. During his remarks, Al-Mazrouei clarified that this step is not a result of division with partners but rather emphasizes the UAE’s ongoing commitment to its national interests.

Strategic Decision Based on National Interest

Al-Mazrouei confirmed that the UAE’s withdrawal from OPEC and OPEC+ is a decision made within the framework of the country’s seriousness in enhancing its capabilities in the energy sector. He added: “The decision of the United Arab Emirates to withdraw from OPEC and OPEC+ is a sovereign and strategic choice stemming from its long-term economic vision.” This step represents a commitment by the UAE to remain at the forefront of energy supply countries, with a continual effort to maintain global stability.

Comprehensive Assessment of Production Policies

Al-Mazrouei discussed that the decision was based on a thorough assessment of national production policies and their future capabilities. He explained: “This decision followed a comprehensive evaluation of national production policies and their future capabilities.” This indicates that the UAE aims to better utilize its resources without being compelled to adhere to decisions that may not align with its specific circumstances.

UAE’s Commitment to International Partnership

Al-Mazrouei emphasized that the UAE’s withdrawal from OPEC and OPEC+ does not reflect any division with international partners. He stated: “This decision does not indicate any division between the UAE and its partners.” This commitment reflects the UAE’s recognition of the importance of international cooperation in the energy sector and its pursuit of shared goals.

National Interests Away from Speculation

In conclusion, Al-Mazrouei stressed that the UAE’s decisions reflect its national priorities, stating: “The UAE affirms that its sovereign and strategic decisions are made based on its national interests, free from speculation or misleading narratives.” This statement reflects a clear vision that enhances the UAE’s position in the global market and demonstrates its confidence in managing its resources effectively.