El Aissami: Our commitment to OPEC+ Declaration of Cooperation remains the same

Caracas.- 'Our commitment to OPEC+ Declaration of Cooperation remains the same, it is strong; it is the only way to keep international market balance and overcome the multiple challenges and demands we face today as a people', assured Mr. Tareck El Aissami, Economy Sectorial Vice-president and People's Minister of Petroleum.

Those were the words he expressed during his intervention at the 22nd Joint Ministerial Monitoring Meeting, held in Vienna, Austria, through a videoconference headed by his highness Abdulaziz Bin Salmán Al Saud, president of the Joint Ministerial Monitoring Meeting and Energy Minister of Saudi Arabia Kingdom; Alexander Novak, Minister of Energy of the Russian Federation and co-president of the Joint Ministerial Monitoring Meeting; Abdelmadjid Attar, Algeria's Minister of Energy and president of OPEC Conference 2020, and Mohammad Barkindo, OPEC's Secretary General.

El Aissami pointed out that 'cooperative work with OPEC+ has allowed reaching a historic level of compliance for the month of August 2020 of 101 per cent'.
The Vice-president of Economy referred to the efforts made by 'Saudi Arabia and Russia heading the presidency and co-presidency of OPEC+, Algeria as president of OPEC Conference and our beloved brother and OPEC's Secretary General for the extraordinary job during this high-leveled dialogue among OPEC and Non-OPEC member countries', said Mr. El Aissami.

A Perfect Alliance
In the framework of OPEC's 60th anniversary, El Aissami stressed that this organization is the symbol of a perfect cooperation alliance which 'has built a way to preserve its creation foundations and has become an important balance factor against the biggest challenge humankind has faced through Covid-19 pandemic.'

In this sense, El Aissami said that Venezuela, as founder country, 'shall continue helping to build a more brilliant future yet, more inter-connected, assuming new complementary blocks, an exchange of experiences, knowledge and technology to reach a shared growing among the countries and a sustainable development for the future of the humankind.'

Likewise, he emphasized, on behalf of the Bolivarian Republic of Venezuela, that 'we shall continue strengthening the work of OPEC and OPEC+, essential parts to maintain the world's energy market balance and as the safer, sustainable and trustable source of energy supply demanded by planet Earth'.

Finally, he sent regards to 'our ministers colleagues and our brother Mohammed Barkindo, OPEC's secretary general and each of OPEC workers for the effort and constant work performed daily. He concluded expressing that 'In Venezuela, we say: OPEC is more a future than a past'