OPEC Secretary-General Looks Forward to Collaboration with Brazil

Haitham Al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), expressed his enthusiasm for working with Brazilian Energy Minister Alexandre Silveira in the coming years.

Al-Ghais made the statement during the opening ceremony of a prominent oil and gas event in Brazil, highlighting the significance of the country’s role in the global energy landscape.

Brazil’s potential membership in the OPEC+ alliance has been a topic of discussion, with Energy Minister Alexandre Silveira expressing interest in joining the alliance after a thorough technical analysis. However, Brazil would not be subject to the production limits set by the alliance.

“We value our growing cooperation with Brazil within OPEC,” Al-Ghais added, emphasizing the importance of collaboration between the two entities.

Al-Ghais is scheduled to present OPEC’s annual report on global oil expectations at the event, providing valuable insights into the future of the oil industry.