UAE to play a key role in oil market stability | GulfNews.com:
"The United Arab Emirates reiterated that the country will play a key role in the stability of oil markets and will continue to invest despite several companies cancelling their projects due to the current slump in oil prices.
“The UAE is investing today and will continue investments while many companies are cancelling their projects. Those who invested in difficult times are going to be ready to introduce that production to the market when there is a need for it to stabilise the market,” Minister of Energy Suhail Al Mazrouei said on Thursday, the last day of the Abu Dhabi International Petroleum Exhibition and Conference (Adipec).
He said that the UAE played a key role in the political stability of this region and the country will play a key role in stability of oil markets in the future."
'via Blog this'
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