New Delhi, Updated At: 06:29 PM Apr 28, 2026 IST
The United Arab Emirates announced it will leave the Organisation of the Petroleum Exporting Countries and the wider OPEC+ group effective May 1, signalling a major change in its long-term energy approach.
The UAE’s Ministry of Energy and Infrastructure said the move follows a comprehensive review of its production policy and current and future capacity, and aligns with national economic priorities. It framed the decision as part of an evolving energy profile and a greater focus on expanding domestic production while maintaining a “responsible, reliable and forward-looking” role in global energy markets.
The ministry stressed that exiting OPEC does not mean withdrawing from international energy cooperation. Rather, the UAE aims to gain flexibility to respond to market dynamics while continuing to support stability. “Our policies will be guided by responsibility and market stability, taking into account global supply and demand,” the statement said.
Acknowledging more than five decades of involvement, the UAE expressed appreciation for its longstanding cooperation within OPEC—joining in 1967 through Abu Dhabi and continuing after OPEC’s 1971 formation—and for the role of OPEC and OPEC+ in market balance.
The statement noted global energy demand is expected to grow despite short-term volatility, including disruptions around the Arabian Gulf and the Strait of Hormuz, underscoring the need for a flexible, reliable and affordable supply system.
After its exit, the UAE said it will keep investing across the energy value chain—oil, gas, renewables and low-carbon solutions—and will introduce additional production to markets gradually, aligned with demand. The country reaffirmed its commitment to global market stability and said it will remain engaged with international partners while pursuing economic diversification and long-term energy transition goals.
