By: Ramy Sameeh
Abu Dhabi – Mubasher: The UAE is committed to supply global markets with oil, according to Suhail Mohamed Al Mazrouei, UAE Minister of Energy.
The Abu Dhabi National Oil Company (Adnoc) set a strategic plan that aims to continuously provide supplies of oil and gas to global markets, Al Mazrouei added on the sideline of the 19th edition of the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) in Abu Dhabi.
"Crude oil oversupply dissipated," he said, noting that "oil markets have reached the end of their downturn".
“I know it is a hard time for all of us, but we should all cooperate to maintain market stability,” he added.
“I am really optimistic and I think the unprecedented participation in Adipec is an evidence of our successful partnerships,” the Minister said, adding that “next year will be much better for all of us”.
Translated by: Julian Nabil
