Malaysia

Malaysia among four countries consulted to join Opec: org sec-gen

Other three are Azerbaijan, Brunei, Mexico, Haitham Al Ghais says

Updated 3 years ago · Published on 06 Jul 2023 2:39PM

Malaysia among four countries consulted to join Opec: org sec-gen
Organisation of the Petroleum Exporting Countries secretary-general Haitham Al Ghais has said that four countries have been consulted to join the organisation, including Malaysia. – iStock pic, July 6, 2023

VIENNA – Four countries have been consulted to join the Organisation of the Petroleum Exporting Countries (Opec), its secretary-general Haitham Al Ghais said.  

The four countries are Azerbaijan, Malaysia, Brunei and Mexico. 

In a statement to the Emirates News Agency (WAM), on the sidelines of the 8th Opec International Seminar which kicked off in Vienna Wednesday, Al Ghais said that consultations with the new countries would contribute to strengthening the cohesion of Opec.

He said Opec hoped to increase the number of its member states to countries that have the same strategic objectives of preserving and stabilising oil markets. 

The Opec secretary-general noted that the four countries that were consulted have been in solidarity with the organisation since 2017, adding that “they have gone through qualitative challenges during the collapse of the markets and the pandemic in 2020, and therefore all of these countries have the common goal that is in the interest of stabilising the oil markets”. 

The organisation currently has 13 member countries. – Bernama, July 6, 2023

Related News

Business / 3y

Ambank revises upward govt revenue forecast to RM291.5 bil after Budget 2023

Business / 3y

Oil prices plunge over 4% amid recession fears

Business / 3y

Oil continues plunge as US crude appears poised for low US$70s

Malaysia / 4y

Oil companies paid over RM1.5 bil in sales tax to Sabah: assistant minister

Business / 4y

Govt wants win-win solution to Shell rental hike issue: petrol dealers

Business / 4y

Delta variant crimps oil demand due to lockdowns

Spotlight

Malaysia

Sarawak schools told to halt outdoor activities as haze pushes air quality into unhealthy range

World

Indonesia haze forces schools to close as wildfires intensify amid severe dry season

Malaysia

PN walkout over Tabung Haji debate a political misstep, says analyst

By Alfian Z.M. Tahir

Malaysia

51 witnesses to testify at inquest into death of 10-year-old boy found unconscious in school toilet

Malaysia

Female student arrested for allegedly hurting classmate with kerambit at school

World

Colombia quake death toll hits 111 as rescue teams race to find survivors

World

Trump secretly switched to third aircraft in Türkiye over Iran assassination threat

Malaysia

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia

MACC, police probing TH after RCI findings as govt warns no one will be spared

By Alfian Z.M. Tahir

You may be interested

Malaysia

Arul Kumar takes over as DAP Negeri Sembilan chairman after Loke steps down

Malaysia

While the focus is on condemning the Madani government, a coup d'état is in process

Malaysia

Muhyiddin urges end to political appointments in Tabung Haji leadership

Malaysia

Anwar questions PN’s priorities after Tabung Haji RCI walkout

Malaysia

Thai officer involved in mid-air disturbance on Malaysia-Bangkok flight (video)

Malaysia

Use of Jalur Gemilang without crescent moon, stars was unintentional - MB

Malaysia

Selangor yet to finalise funding for RM3 billion Shah Alam Stadium redevelopment

By Alfian Z.M. Tahir

Malaysia

TH faced risk of RM74.5 billion liability exposure before bailout, Dewan told

By Alfian Z.M. Tahir