Al Mazrouei added during an event in the Emirate of Fujairah, “I sacrificed OPEC+More than others, but the crucial element is that the group stays united.”
“There is concern about supplies in the medium and long term,” the UAE Energy Minister said.
In response to a question about 2025 expectations, Al Mazrouei said, “I do not comment on the short term.”
“If there is something to worry about, it is the level of investment in oil and gas, which I do not believe meets the medium- and long-term needs of the entire world,” he said. UAE Minister of Energy Suhail Al Mazrouei, who stressed that without investments both at the source and in oil refineries and trade, we will be facing a stifling crisis.