UAE to Exit OPEC in Major Shift to Energy Policy

By Nasir Lubwama

The United Arab Emirates will leave the Organization of the Petroleum Exporting Countries (OPEC and OPEC+) on May 1, 2026, ending nearly six decades of membership and signaling a new direction for its energy strategy.

The Ministry of Energy and Infrastructure said the decision follows a comprehensive review of the country’s production policies, current and future capacity, and broader national interests. The move reflects the UAE’s focus on its long-term economic vision and a changing energy profile that includes increased domestic investment.

Officials said the country will prioritize flexibility in managing output while continuing to support stability in global energy markets. Production decisions will be guided by supply and demand conditions, with an emphasis on maintaining reliability for international partners.

The UAE also reaffirmed plans to expand investment across the energy sector, including oil and gas, as well as renewables and low-carbon technologies. The government said these efforts are aimed at strengthening resilience and supporting long-term transformation in the global energy system.

The country joined OPEC in 1967 through Abu Dhabi and has since been an active participant in efforts to stabilize oil markets. The ministry described the exit as a shift in policy rather than a break from cooperation, noting that the UAE will continue working with international partners.

Despite short-term volatility linked to regional tensions and key shipping routes such as the Strait of Hormuz, the UAE expects global energy demand to grow over the medium to long term. Officials said the country remains committed to supplying energy in a stable and responsible manner.

The statement emphasized that the decision does not change the UAE’s position on market stability or its engagement with producers and consumers. Instead, it is intended to give the country greater ability to respond to changing market conditions.

The UAE’s departure places it among a small group of oil producers operating outside OPEC.