July 6, 2023
1 min read

4 countries consulted to join OPEC

Al Ghais said that consultations with new countries from outside the organisation contribute to strengthening the cohesion of OPEC…reports Asian Lite News

OPEC chief Haitham Al Ghais has revealed that the organisation’s aspirations to increase the number of member states, as Azerbaijan, Malaysia, Brunei and Mexico have been consulted so far to join the organisation.

In a statement to the Emirates News Agency (WAM), on the sidelines of the 8th OPEC International Seminar which kicked off today in Vienna, Al Ghais said that consultations with new countries from outside the organisation contribute to strengthening the cohesion of OPEC, indicating that the organisation does not aim to join a certain number of countries, but targeting countries that have the same strategic objectives of preserving and stabilising oil markets.

The OPEC Secretary-General noted that the four countries that were consulted have been in solidarity with the organisation since 2017, adding that “they have gone through qualitative challenges during the collapse of the markets and the pandemic in 2020, and therefore all of these countries have the common goal that is in the interest of stabilising the oil markets.”

ALSO READ: ‘OPEC aims to stabilise market, reduce environmental impact’

Previous Story

‘OPEC aims to stabilise market, reduce environmental impact’

Next Story

Saudi says tools in place to address oil market challenges

Latest from -Top News

Israel Takes Out Iran Spy Leaders

Among those killed were Mohammad Khatami, head of the IRGC Intelligence Organisation since 2022, and his deputy Mohammad Hassan Mahkaghi….reports Asian Lite News Israel on Monday announced that four high-ranking Iranian intelligence

Iran May Quit Nuclear Treaty

The NPT, a landmark international treaty that came into force in 1970, seeks to prevent the spread of nuclear weapons…reports Asian Lite News Amid rising tensions with Israel, Iran announced Monday that

Modi, Cyprus President Hold Talks

Both leaders explored avenues to deepen cooperation in trade, investment, security, and technology…reports Asian Lite News Prime Minister Narendra Modi on Monday held wide-ranging discussions with Cyprus President Nikos Christodoulides at the

Jaishankar Dials UAE, Armenia as Mideast Heats Up

EAM Jaishankar discussed the fast-evolving situation and emphasised the importance of dialogue and cooperation….reports Asian Lite News External Affairs Minister S. Jaishankar held telephonic conversations with his counterparts in the United Arab

G7 Summit Eyes Energy Security

Monday’s schedule includes a 90-minute session among G7 leaders to discuss the global economic outlook…reports Asian Lite News The Group of Seven (G7) summit unveiled its slimmed-down agenda, prioritising discussions on the
Go toTop

Don't Miss

OPEC+ recommends staying course on oil output policy

The JMMC comprises oil ministers from the OPEC+ countries. It

OPEC calls for inclusive dialogue on energy sustainability

Al Ghais lauded the UAE’s support for the organisation, stating