| ▲ | don_esteban 15 hours ago | |||||||
1) any sources for 'is being ramped up significantly'? To what capacity? 2) how much are you willing to bet? :-) 3) selling them arms and then causing a conflict where they expend those arms is a protection racket, not a help 4) stating claims does not make them true. Is it in their interests for the oil prices to collapse? It is a classical prisoner's dilemma. Coordination helps all of them. Being on their own allows external players to target/influence each of the small ones separately, at their weakest. Classical divide and conquer. | ||||||||
| ▲ | rramadass 3 hours ago | parent [-] | |||||||
You can easily find out all the details you want if you had cared to do your own research from the links/data that i had given you using your favourite search engine+AI chatbot. Instead you are just repeating yourself and expecting to be spoon fed. Moreover you are just spouting your own fanciful opinions ("protection racket"/"oil prices collapse" etc. really?) which have no bearing on reality. However, for your edification; The wikipedia page for ADCOP i had given above, lists a whole set of links from where you can get more info. and data. One main source is the website of ADNOC (https://www.adnoc.ae/) who owns/operates ADCOP. The UAE has been calling in loans (eg. $3.5billion from Pakistan), asking the US for money (links given above) etc. all towards having enough to ramp up production to 5 million bpd by 2027. The defence cooperation between the UAE and US is longstanding, with the recent war merely ramping it up. The OPEC/OPEC+ is just a cartel which should have been broken up long ago. The UAE’s Energy Playbook Is Paying Off Amid Global Turmoil - https://oilprice.com/Energy/Crude-Oil/The-UAEs-Energy-Playbo... UAE To Hit Its Oil Capacity Increase Sooner Than Expected - https://oilprice.com/Latest-Energy-News/World-News/UAE-To-Hi... Will the Iran war end Strait of Hormuz oil supremacy? - https://www.dw.com/en/iran-war-strait-of-hormuz-oil-supply-r... In bid to bypass Hormuz chokepoint, Gulf countries scramble to ramp up infra - https://archive.ph/Xh1aq#selection-669.0-669.76 | ||||||||
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