Energy minister says Abu Dhabi will supply markets as needed while continuing cooperation with other producers.
The United Arab Emirates (UAE) has defended its decision to leave OPEC, saying the move will allow the country to produce oil without restrictions while remaining a responsible partner in global energy markets.
Speaking at the “Make It In The Emirates” conference in Dubai, Energy Minister Suhail Al Mazrouei said the UAE’s priority is to meet global demand and honor commitments to investors following the country’s exit from OPEC on May 1. The UAE was one of the cartel’s largest producers before its departure.
The decision has been widely interpreted as deepening differences with Saudi Arabia, the de facto leader of OPEC and the broader OPEC+ alliance. Once close allies, the two Gulf states have increasingly diverged on oil policy, regional influence and competition for investment and talent.
Al Mazrouei stressed that the UAE’s exit was not confrontational and said relations with OPEC members remain constructive. “I am confident we will be working with so many nations, including members of OPEC and OPEC+… We left on good terms,” he said, adding that the subdued reaction from the group reflected recognition of the UAE’s sovereign decision-making.
Market analysts have warned that the move could weaken OPEC’s influence over supply management and increase the risk of higher output competition. Al Mazrouei said production levels would be guided by market needs as well as domestic industrial requirements.