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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Al-Ghais: OPEC is optimistic about demand... and the lack of investment puts energy security at risk

    Rocky
    Rocky
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    Al-Ghais: OPEC is optimistic about demand... and the lack of investment puts energy security at risk Empty Al-Ghais: OPEC is optimistic about demand... and the lack of investment puts energy security at risk

    Post by Rocky Tue 03 Oct 2023, 4:49 am

    [rtl][size=33]Al-Ghais: OPEC is optimistic about demand... and the lack of investment puts energy security at risk[/size][/rtl]





    [rtl]WRITTEN BY: CAIROEDITOR[/rtl]


    • 02-10-2023



    [rtl]Secretary-General Haitham Al-Ghais said on Monday at an energy industry conference in Abu Dhabi that OPEC is optimistic about demand and believes that the lack of investment poses a risk to energy security. He stressed the importance of continuing investment in the oil and gas industry, and said that he believes that calls to stop investment in oil are counterproductive.
    The Joint Ministerial Monitoring Committee between OPEC and its allies, including Russia within the OPEC Plus alliance, will hold a meeting on Wednesday. Sources told Reuters that the committee is unlikely to recommend amending the current oil production policy. Knowing that the committee can call for a full meeting of “OPEC Plus” if necessary.
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