The UAE's Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al Nahyan, France's Minister for Europe and Foreign Affairs Catherine Colonna and India's Minister of External Affairs Subrahmanyam Jaishankar agreed to establish a formal trilateral cooperation initiative last September

OPEC+ is a 23-country bloc of oil producing countries co-chaired by Saudi Arabia and Russia. It agreed in October to slash quotas by 2 million b/d from November until the end of 2023.

JMMC reaffirmed their commitment to the DoC which extends to the end of 2023 as agreed in the 33rd OPEC and non-OPEC Ministerial Meeting (ONOMM) on 5th of October 2022,

Further development of bilateral cooperation in the political, trade, economic and energy sectors, as well as cooperation within the OPEC Plus group to provide the stability of global oil market were discussed.

KEPCO CEO Seung-il Jeong presented the proposal to Fatih Dönmez, Turkey's Minister of Energy and Natural Resources, on 30 January during a meeting in which they discussed plans for KEPCO to participate in the nuclear power plant project.

National Energy Plan of Türkiye has been announced and published last week by the Ministy of Energy and Natural Resources. The plan which is prepared based on 2053 Net Zero Emission target covers the period of 2020-2035.

The UAE has an installed capacity of 42 GW (end of 2021), with 35 GW of gas, 2.8 GW of nuclear and 2.7 GW of solar.

The United Arab Emirates (UAE) also decided to invest $30bn in South Korea's industries, South Korea's presidential office said.

The UAE government has also announced that it will invest US$30bn in South Korea’s nuclear power, defense, solar, and hydrogen industries. The investment will come from sovereign wealth funds, which include the UAE’s Mubadala Investment Company.

The OPEC+ Joint Ministerial Monitoring Committee, on which Mazrouei sits, is co-chaired by Saudi energy minister Prince Abdulaziz bin Salman and Russian Deputy Prime Minister Alexander Novak.

Vladimir Putin had a telephone conversation with President of the Islamic Republic of Iran Ebrahim Raisi.

The discussion covered issues related to further expanding economic ties, primarily in energy, with the priority being strategically significant projects like the creation of a regional natural gas hub in Turkiye and the construction of the Akkuyu nuclear power plant.

The deals come as Japan’s government is reevaluating how it can enhance energy security in the face of a fuel crunch at home. Global LNG supply is slated to remain tight for years, which threatens to increase import costs and add to rising inflation.

Одной из тем встречи стал проект по объединению энергосистем России, Азербайджана и Ирана. Николай Шульгинов отметил, что необходимо активизировать работу в этом направлении.

Средняя стоимость нефти Brent в 2023 году может составить $100 долларов за баррель, а дисконт Urals, скорее всего, сохранится в среднем около $25 за баррель.