UAE Plans to Boost Oil Output to 5 Million BPD by 2027

Apr 28, 2026

67 min

Apr 28, 2026 20:30

UAE eyes 5 million bpd target after exit from OPEC+, Minister says

## UAE's Strategic Oil Production Plan

The United Arab Emirates (UAE) has announced a strategic plan to increase its oil production capacity to 5 million barrels per day (bpd) by 2027. This move comes after the country's decision to exit the OPEC+ alliance, aiming to enhance its role in global energy markets.

## Minister's Statement

Suhail Mohamed Al Mazrouei, the UAE's Minister of Energy and Infrastructure, emphasized the country's commitment to being a responsible oil producer. He stated that the UAE is focused on addressing supply gaps in global markets and contributing to energy security worldwide.

## Reasons for Exiting OPEC+

The decision to leave OPEC+ followed a comprehensive review of the UAE's oil and gas policies. The Minister highlighted the need for greater flexibility and quicker decision-making in response to the rapidly changing global environment.

## Impact of Regional Tensions

Al Mazrouei noted that the closure of the Strait of Hormuz has led to a significant depletion of strategic reserves in several countries. This situation has underscored the necessity for increased investment and higher production levels to stabilize the market.

## Commitment to Energy Security

Despite exiting OPEC+, the UAE remains committed to collaborating with other producers to ensure stable and reliable energy supplies. The country aims to maintain its position as a key partner in global energy security efforts.

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