The African Petroleum Producers Organisation (APPO) has urged its member countries that are also part of OPEC to continue placing full trust in the organization and to demonstrate solidarity and active commitment to the ideals and principles of the oil cartel.
APPO believes that the ongoing participation of its members in OPEC is not only a factor of cohesion among producers but also a means of ensuring predictability and stability in the international oil market.
According to APPO, the trust of its members remains an essential factor for stability, dialogue, and cooperation, benefiting the member countries, their economies, and the global oil market as a whole.
In a statement signed by Farid Ghezali, Secretary General of APPO, the organization reaffirmed its united and constructive support for OPEC, emphasizing that this support represents not only institutional solidarity but also a collective responsibility toward global market stability and the energy security of its member countries.
The statement comes in the wake of the UAE’s recent exit from OPEC.
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