UAE nearing maximum oil production capacity as per OPEC+ baseline
Minister of Energy issued clarification in light of media reports
Image Credit: WAM
Abu Dhabi: The UAE is producing close to its maximum capacity of oil under the OPEC+ agreement, says Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure.
“In light of recent media reports, I would like to clarify that the UAE is producing near to our maximum production capacity based on its current OPEC+ production baseline (3,168 mbopd) which UAE is committed by until the end of the agreement,” Al Mazrouei said.