Reporting by Ahmed Elimam, Reuters
EnergiesNet.com 07 06 2023
The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais said the organization’s market share is expected to rise to 40% by 2040-2045, Al-Arabiya TV reported on Thursday.
“This will happen after production decreases from countries outside OPEC+ or outside OPEC. The U.S production is expected to decrease by 2029-2030, as well as other countries,” he added.
Reporting by Ahmed Elimam; Editing by Nadine Awadalla
reuters.com 07 06 2023